ADVANCED LICENSING INSTITUTE
PROFESSOR KARL F. JORDA
This is a on 6-hour open book exam (one and one-half for certain foreign students). You may consult the course material as well as
any other materials. Yet, your examination must be your own work. Do not discuss it with other students.
Write your answers in the blue books supplied, but please use only one side of the page and observe the margins. Please write or print
as legibly as possible.
Grading will be anonymous. Please do not put your name on anything you turn in.
1) Several speakers discussed or mentioned "Due Diligence".
What is it? What does it
involve or consist of Why is it important in licensing and acquisitions? [20 points]
2) With reference to intellectual property and IP licensing
in the European Union, what is the
"Exhaustion Doctrine", and what are the notable exceptions
to or limitations on its
applicability? [20 points]
3) How does a university or a baseball team that engages in
collateral licensing or
merchandising practice quality control in connection with
the manufacture and sale by
licensees of staple articles of commerce, such as apparel? [20 points]
4) Both Ward Classen and
Gregg Battersby discussed an ingenious mechanism that they use
and provide for in
licensing agreements in lieu of arbitration or other ADR measures. It
involves litigation but discourages it at the same time. What is it? [20 points]
5) How does the U.S. Government protect
soft ware developed in federal laboratories?
* * * End Of Exam * * *