CIPS L4M6 Exam - Topic 2 Question 75 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 75
Topic #: 2

[All L4M6 Questions]

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years' time. Should IPR be included into a contract between partners?

AYes- IPR should always remain with the buyer- this will protect those rights

BYes- IPR is a valid concern for both parties but will survive the termination of the agreement

CNo- a separate legal agreement should be created to cover IPR

DNo- a contract is not necessary if it is a partnership.

Show Suggested Answer

Suggested Answer: B

The correct answer is 'Yes- IPR is a valid concern for both parties but will survive the termination of the agreement' (p.112). See the section on 'Legal considerations' in chapter 2.4

by Sylvie at Apr 02, 2026, 09:00 PM

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