Chapter 41 Flashcards
Infringement
Unauthorized use
Infringement on trade symbols
Occurs when a person uses (without authorized use) a substantially indistinguishable mark that is likely to cause confusion, mistake, or deception
Trade secrets
Commercially valuable, secret information
Non disclosure agreement
Remedies to trade secret loss
Damages or injunctive relief
Copyright
A form of protection- exclusive right granted to original works of authorship, usually for the authors life plus 70 years
Copyright infringement
When someone ever sizes the copyright owners rights with pith authorization
Registering for copyright
Is not required
Protection begins automatically as soon as the work is fixed in a tangible medium
Patent
The exclusive right to an invention for a specific number of years
How do you get a patent
They are issued upon application to and after examination by the US patent and trademark office
Intellectual property is
Non tangible
Why keep something a trade secret and not patent it
Trade secrets can be kept longer
When copyright expires it becomes
Public domain
Patentability requires
It to be novel useful and not obvious
What is intellectual property
Includes trade secrets, trade symbols, copyrights, and patents