The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Chapter 8, Problem 4CT
Summary Introduction
Case summary:The company SS filed a suit against many online retailers for infringement of the patent right. All online retailers paid damages but one of them filed a case in court and won the case. The court passed the judgment that online shopping cart patent claim was not enforceable because the technology already existed before the company S obtained the patent over it.
To Find:Whether the elimination of software patent would be fair to software and technology companies.
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1. What are the differences between design and utility patents? Can a product/service have both design and utility patents at the same time?
2. If you create an original work of authorship which was commissioned by an investor, what type of intellectual property can cover your rights? Who (you or the investor) owns the rights to this IP?
We know that copyright and patent is type of intellectual Property Right how you will create difference between them writes your answer with practical examples and Support your answer to write the example of Companies using them as Practical you can also add diagrams.What remedies can be taken if it breached.
Chapter 8 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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- How did the Defend Trade Secrets Act modify U.S. trademark law? Do you think this act was an improvement over the preexisting patent protections? Why or why not?arrow_forwardCopyright Patents and Trademarks all last for the lifetime of the creator? True or false It is up to the person who creates a product to choose whether they want a patent, copyright or trademark for their creation. True or False. In terms of legal complexity in obtaining the protection, the most difficult to secure is a: A. Trademark B. Copyright C. Patent D. Trade Secretarrow_forwardplease also made a diagram We know that copyright and patent is type of intellectual Property Right how you will create difference between them writes your answer with practical examples and Support your answer to write the example of Companies using them as Practical you can also add diagrams. What remedies can be taken if it breached.arrow_forward
- In your own words, explain the monetary advantages patent rights may offer to individuals or groups, explain how these advantages may be safeguarded, and provide some concrete instances of how they might be realized.arrow_forwardThabo Auto Parts manager also requests that you develop a software for them to automate some of their business processes. Discuss which copyrights, patent or trade secret, if any, will result from this work.arrow_forward1.1 Management is contemplating on the idea of patenting their software products. Report to management on what exactly a software patent is and the process to follow to get the software patented.arrow_forward
- What do copyright and patents protect? What are the periods for which ownership of copyrights or patents subsist? In what circumstances can a person use copyright material without the consent of the owner? What are the two types of patents and why would a person apply for one or other of the patent types?arrow_forwardDetermine which type of intellectual property law applies and whether it would, in fact, provide any remedy. Remember to identify and explain the elements necessary to claim protection as intellectual property, why you think those elements are or are not present, and what other information you would need to make this determination. William Writer has developed a great idea for a novel. It will feature a young magician named Henry Pryor who attends a special high school for magicians. Henry has many interesting friends and even searches for the Philosopher’s Rock. Karen Kitchens is a fantastic cook. Her best dish is fried chicken. Her fried chicken is so good that her friends suggest she start a restaurant. After some thought, Karen agrees. She plans to open Kitchen’' Fried Chicken, but because the name is a bit long she decided to shorten it to KFC. Her sign will be red and white and feature an image of Karen’s father, a white-haired old man with a goatee. Sandy Secretary works for a…arrow_forwardHow can patents speed up the process of creative destruction? How can patents slow down the process of creative destruction?arrow_forward
- a) Bring out the difference between Patent and Copyright with examples. B) Make a case justifying waiver of patents for life saving vaccines like that for Covid from an ethical lens.arrow_forwardWhat is the difference between a vaccine patent that is open-source and one that is proprietary? Is one more ethical than the other? How did Oxford’s sale of the vaccine to AstraZeneca affect its production, distribution, affordability, and profitability? Who stands to benefit, and who stands to lose, from this arrangement?arrow_forwardA patent is the government’s attempt to prevent the exploitation of a product or concept pioneer. It is the only way to provide innovative persons a guarantee that they will receive the fruits of their labor. Why is the patent invaluable to the entrepreneur? Explain your answer with facts.arrow_forward
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