1. Only technology companies have to worry about intellectual property. True False Comments: 2. By registering and paying for a website domain I have the legal right to use my name any way that I want to promote my business. True False Comments: 3. By registering the name of my business with the State of Texas, I have protected my legal rights. True False Comments: 4. By registering the name of my business with the State of Texas, I have protected my legal rights. True False Comments: 5. The best way to protect software is to hide the code or treat it as a trade secret. True False Comments: 6. I need a patent before I start selling or talking about my idea, even though I mailed the concept to myself in a self-addressed and sealed envelope. True False Comments: 7. I can use patents to create competitive advantadges and barriers-to-entry that my rivals must overcome. True False Comments: 8. Having secure IP can help me increase the price of my business when I am ready to sell or add a partner. True False Comments: On the fun side of things 9. Which of these is the most likely succession plan for your company? Sell to a competitor and retire on the beach. Hire a family member and retire to the countryside. What is retirement? We encourage you to take action. I would like an introduction to the General Counsel Program™ and a complimentary conversation regarding the impact of the new margin tax on my business. Name: Phone: Company: Email: