CLP Study Guide 2026
Everything you need to pass the CLP exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CLP Exam Format at a Glance
📚 CLP Topics to Study (38)
✍️ Sample CLP Questions & Answers
1. In IP portfolio management, what is 'IP landscaping'?
IP landscaping analyzes the patent environment in a technology domain to reveal competitor activity, coverage gaps, and potential licensing opportunities.
2. Which of the following is an example of a 'per se' illegal licensing restraint under U.S. antitrust law?
Horizontal price-fixing among competitors is per se illegal under the Sherman Act, even when structured as a licensing arrangement between rivals.
3. What is one of the key responsibilities of a professional under licensing law?
One of the key responsibilities of a professional under licensing law is to remain strictly within the legal scope of their practice. This means performing only those services for which they are trained, qualified, and legally authorized. Exceeding this scope can lead to disciplinary action, license revocation, and potential legal liabilities, as it jeopardizes public safety and the integrity of the profession.
4. In the context of licensing negotiations, BATNA refers to:
BATNA (Best Alternative to a Negotiated Agreement) defines each party's fallback position if negotiations fail, setting the floor for acceptable deal terms.
5. A licensor's failure to mark licensed products with a patent number can affect damages by:
Under 35 U.S.C. § 287, failure to mark limits patent damages to the period after the infringer received actual notice of infringement.
6. Which valuation method determines a royalty rate by analyzing what a willing licensor and licensee would agree to in an arm's length transaction?
The market approach, or comparable transactions method, benchmarks royalty rates against actual deals for similar IP in similar industries.