Intellectual Property
This is an extension of personal property.
What is intellectual property?
A creator has exclusive rights to do these things with their work?
What is print, publish, or perform?
The biggest advantages of using trade secret for IP protection.
What are immediate protection and never expires?
These are the three types of property.
What are real, personal and intellectual?
A person leases a barn to use as a workshop for their business and they are allowed to stay as long as they would like and continue paying rent.
What is periodic tenancy?
This is the owner of IP if an employee creates something while employed.
What is the employer?
The length of time a copyright remains in effect and enforceable?
What is the life of the creator plus 70 years?
A business owner might have employees sign a confidentiality or non-disclosure agreement if they are using this type of IP.
Trade Secret
What it is called when a business owns something that is not real property.
What is personal property?
Marcus rents an apartment for 6 months.
What is tenancy for years?
The legal term for one someone violates an intellectual property protection.
What is infringement?
In order to maintain maximum protection, a company would do this to it's logo?
What is register the trademark?
Owning a patent on a new product makes these people more interested the company.
Who are investors?
When someone has access to part of your property to run utilities or to create a walkway.
What is an easement?
Jarod opens a book store in an empty store front near a beach only intending to stay there for the busy tourism season.
What is tenancy at will?
IP prevents others from doing this to a creator's work.
What is profiting?
This is what happens to a trademark when the brand name becomes the term for all similar products?
What is weakens and becomes unenforceable?
This must be true in order for an invention to be patented.
What is it must be novel (new)?
This is owed to anyone who is invited onto your property so that they are safe.
What is duty of care?
This is the type if IP protect that would be used if you engineered a new type of car that runs on grass clippings.
What is a patent.
After a copyright ends, this is what happens to the work?
What is becomes public domain?
When a company patents an improvement to an existing product the law allows this.
What is that only the new portion is patented?
The homeowner's association tells you to mow the weeds down in your front yard or be fined.
What is a covenant?