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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?

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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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Catherin
18 days ago
I disagree, a separate agreement makes more sense.
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Lawana
23 days ago
Definitely should include IPR in the contract!
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Rosendo
1 month ago
I thought partnerships were more informal, so I’m leaning towards D, but I guess it depends on the specifics of the partnership.
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Bernardine
2 months ago
I feel like we practiced a question similar to this, and I think a separate agreement for IPR might be safer, so maybe option C?
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Bulah
2 months ago
I'm not entirely sure, but I think option B makes sense since IPR can outlast the partnership itself.
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Kimberlie
2 months ago
I remember discussing how IPR can be a major issue in partnerships, so I think it should definitely be included in the contract.
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