Intellectual Property

Question 1

What is Intellectual Property?

Answer 1

Are information assets owned by a company or some other type of legal entity.

Question 2

What are 3 ways to protect Intellectual Property?

Answer 2

• Copyright: Protecting creative works; lasts an authors life and 70 years after authors death.
• Trademarks: Are words, symbols that are registered under a business, must be renewed every 10 years.
• Patents: Protect inventions created, must be renewed every 20 years.