Chapter 5 Flashcards
Patent
document that grants the owner the right to exclude others from making, using, or selling an invention.
ISSUED BY THE FED. GOV
LASTS 20 YEARS
Copyright
Exclusive right of an author to publish, print or sell a product
LASTS A LIFETIME + 70 YEARS
Trademark/Trade Name
Distinctive mottos, marks, or emblems
Trademark Dilution
preventing others from using your trademark
Certification Mark
A certification mark is a symbol, name, or device that indicates a product or service has met certain standards
Trade Secret
a secret device or technique used by a company in manufacturing its products.
Infringement on Patent/Damages Sought
Infringement - commercially using someone else’s created process as their own
Damages Sought -
1. reimbursed for legal fees
2.request damages for lost royalties and sales
Infringement on Copyright/Damages Sought
Infringement-
the act of using a copyrighted work without the copyright owner’s permission
Damages Sought -
Fines or imprisonment