Exam 2 CHP 9 Flashcards
A grant from the government to an inventor for the right to exclude others from making, using, offering for sale, or selling the invention for 20 years after the inventor files an application.
Patent
A commercial symbol that a manufacturer puts on its goods so they can be readily identified in the market. Lasts as long as it is used,
Trademark
Rights of literary property as recognized by law. Lifetime = As long as the author’s lifetime plus 70 years.
Copyright
Consists of any formula, pattern, device, or compilation of information which is used in one’s business, which is used to obtain an advantage over competitors who do not know or use it.
Trade secrets
Allows use of original material for purposes such as criticism, comment, news reporting, teaching… scholarship or research,
US Copyright Act
The process of solidifying a patent or trademark. Costs $225 and up, done online with submission and declaration.
Registration
