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This is a fraud involving property that is protected under patent, trademark, copyright and trade secret laws. - Commercial Studies

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Question

This is a fraud involving property that is protected under patent, trademark, copyright and trade secret laws.

Options

  • Credit card fraud

  • False accounting fraud

  • Insurance fraud

  • Intellectual property fraud

MCQ

Solution

Intellectual property fraud

Explanation:

  1. Intellectual property fraud consists a wide range of activities.
  2. Patent, trademark, copyright, and trade secret rules protect the property that is being used in this fraud.
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Financial Fraudulent Practices
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Chapter 14: Banking - EXERCISES [Page 256]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 22. | Page 256
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