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LEB 320F Ch. 9 Exam Questions and Answers 100% Solved | Graded A+ £9.61
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LEB 320F Ch. 9 Exam Questions and Answers 100% Solved | Graded A+
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LEB 320F Ch. 9 Exam Questions and Answers 100% Solved | Graded A+ intellectual Property Law - Trademarks, trade secrets, patents, and copyrights -more important in modern times -intangible assets IPL concepts - 1) Protects certain types of knowledge, ideas, and expressions by granting exclus...

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  • December 14, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • leb 320f

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  • LEB 320F
  • LEB 320F

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LEB 320F Ch. 9 Exam Questions and

Answers 100% Solved | Graded A+


intellectual Property Law - ✔✔Trademarks, trade secrets, patents, and

copyrights

-more important in modern times

-intangible assets

IPL concepts - ✔✔1) Protects certain types of knowledge, ideas, and

expressions by granting exclusive rights to creators

2) When someone else violates these rights, the violator is engaging in a

form of competition that is unlawful

3) Even though there is a general consensus that intellectual property laws

benefit society in the long run, such laws can go too far. I.e. something

useless gets IP protected, society doesn't reap real benefits.



Trade-Related Intellectual Property Rights sets # of minimum requirements

for IP protection in all member states




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,Trade Secret - ✔✔Any type of knowledge that is not generally known and is

not readily available through legal means, if the knowledge gives its owner

a competitive advantage over rivals who do not have the knowledge.

-Uniform Trade Secrets Act (UTSA)

To bring a trade secret misappropriation case, a plaintiff must prove -

✔✔(1) the information actually was a trade secret

(2) the plaintiff had maintained reasonable measures to protect secrecy

(3) the defendant improperly acquired, used or disclosed the trade secret

information

To qualify for a trade secret - ✔✔1) the extent to which the information is or

is not known outside the company

(2) how easy or difficult it would be for someone else to independently

develop the information or to acquire it properly

(3) value of the information to the company

(4) amount of time and money it took the company to create the information

(5) how well the company has protected the information

the law expects a trade secret owner to go into protecting a secret factors -

✔✔1) how valuable is the info

2) how much would additional protective measures cost


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©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.

, 3) how much would security measures interfere with employees' ability to

do their jobs

4) how much protection would additional security measures provide?

Coca- Cola Formula - ✔✔- prototypical trade secret

-Can't be general knowledge

- Not accessible by legal means

- Info gives owner a competitive edge

typical measures - ✔✔-providing info in restricted areas, keeping doors and

gates locked, requiring IDs and good computer password policies, using

surveillance cameras or other appropriate devices such as motion

detectors, having fences

E.I duPont de Nemours and Co v. Christopher - ✔✔Dupont designed a

refining plant to enable them to use its new, secret process for producing

methanol.

Someone (a skilled individual) could figure it out just by looking at the

construction model of the refining plant

Court held that the requirement of reasonable protective efforts did not

mean that dupont was required to build a dome over the construction site

(something expensive + extra)

Defendants Misappropriated by taking aerial shots of the plant.
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©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.

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