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Exam Code: CFA-001

Exam Name: Certified Forensic Analyst (CFA)

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NEW QUESTION: 1
What does the word patent mean to you? Does it strike you as being something rather remote from your
interests? If it does, stop and think a moment about some of the commonplace things that you use every
day, objects that you take for granted as part of the world around you. The telephone, radio, television, the
automobile, and the thousand and one other things (even the humble safety pin) that enrich our lives
today once existed only as ideas in the minds of men. If it had not been possible to patent their ideas and
thus protect them against copying by others, these inventions might never have been fully developed to
serve mankind. If there were no patent protection there would be little incentive to invent and innovate, for
once the details of an invention became known, hordes of imitators who did not share the inventor's risks
and expenses might well flood the market with their copies of his product and reap much of the benefit of
his efforts.
The technological progress that has made America great would wither rapidly under conditions such as
these. The fundamental principles in the U. S. patent structure came from England. During the glorious
reign of Queen Elizabeth I in England, the expanding technology was furthered by the granting of
exclusive manufacturing and selling privileges to citizens who had invented new processes or tools- a
step that did much to encourage creativity. Later, when critics argued that giving monopoly rights to one
person infringed on the rights of others, an important principle was added to the patent structure: The Lord
Chief Justice of England stated that society had everything to gain and nothing to lose by granting
exclusive privileges to an inventor, because a patent for an invention was granted for something new that
society never had before. Another basic principle was brought into law because certain influential people
in England had managed to obtain monopoly control over such age-old products as salt, and had begun
charging as much as the traffic would bear. The public outcry became so great that the government was
forced to decree that monopoly rights could be awarded only to those who created or introduced
something really unique. These principles are the mainstays of our modern patent system in the United
States. In colonial times patent law was left up to the separate states. The inconsistency, confusion, and
unfairness that resulted clearly indicated the need for a uniform patent law, and the men who drew up the
Constitution incorporated one. George Washington signed the first patent law on April 10,1790, and less
than four months later the first patent was issued to a man named Samuel Hopkins for a chemical process,
an improved method of making potash for use in soapmaking. In 1936 the Patent Office was established
as a separate bureau. From the staff of eight that it maintained during its first year of operation it has
grown into an organization of over 2500 people handling more than 1600 patent applications and granting
over 1000 every week. The Patent Office in Washington, D. C., is the world's largest library of scientific
and technical data, and this treasure trove of information is open for public inspection. In addition to more
than 3 million U. S. patents, it houses more than 7 million foreign patents and thousands of volumes of
technical literature. Abraham Lincoln patented a device to lift steam vessels over river shoals, Mark Twain
developed a self-pasting scrapbook, and millionaire Cornelius Vanderbilt invented a shoe-shine kit. A
patent may be granted for any new and useful process, machine, article of manufacture, or composition of
matter ( a chemical compound or combinations of chemical compounds), or any distinct and new variety;
of plant, including certain mutants and hybrids. The patent system has also helped to boost the wages of
the American worker to an unprecedented level; he can produce more and earn more with the computer,
adding machines, drill press or lathe. Patented inventions also help keep prices down by increasing
manufacturing efficiency and by stimulating the competition that is the foundation of our free enterprise
system. The decades of history have disclosed little need for modification of the patent structure. Our
patent laws, like the Constitution from which they grew, have stood the test of time well. They encouraged
the creative processes, brought untold benefits to society as a whole, and enabled American technology
to outstrip that of the rest of the civilized world.
What is the main idea of this passage?
A. The patent system encourages free enterprise.
B. Patented inventions protect the inventor, free enterprise, and the creative process.
C. The Constitution protects the patent system.
D. The patent system in England has been influential in American patent development.
E. Patents are important tools for inventors.
Answer: B

NEW QUESTION: 2
What is a limitation of cyber security risk insurance?
A. It does not cover the costs of damage done by third parties as a result of a cyber attack
B. It does not cover the costs to restore stolen identities as a result of a cyber attack
C. It does not cover the costs to hire a public relations company to help deal with a cyber attack
D. It does not cover the costs to hire forensics experts to analyze the cyber attack
Answer: B


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