solicit, Inc. University of Phoenix Business Law BUS/415 Patricia A. Turnage January 26, 2009 In todays enigmatical market, traffices may trifle innumerable challenges. Owners of any size or type of assembly line gougenot merely be concerned with profits, growth, and intelligence; they must besides be concerned with the protection of their space, assets, customers, and the practiseivities of their employees. more businesses lose sentiment of these issues and beget that they argon liable for thoughtless wrongdoing, or find that their business advantages no longer endure. trade protection of quick position, product liability, fraud, assumption of risk, and protection when utilizing on-line transaction are all common issues a modern business may encounter. Bug, Inc., a company based in the US that manufactures and sells electronic recording devices, has run into these types of issues. To follow are sixsome scenarios involving Bug, Inc. and its employee s. For all(prenominal) scenario, we pass on explain the conflict, and then state what liabilities exist for Bug, Inc. We will also detail any conflict of rectitude issues and our recommendations on how these may be handled. BUG should have a few different types of legal protections for its intellectual property. Intellectual property is valuable in distinguishing a business from its competitions.
Trade secrets, patents, copyrights, and trademarks act to encourage fair competition in business. Through the subprogram of goods and services of such devices, consumers are protected from conf utilize whizz companys product s from another(prenominal) and companies are! protected from competitors profiting from their ingenuity. First of all, Bug must let in precautions to guard its trade secrets from being discovered by others. infra the Uniform Trade Secrets Act, if its trade secrets are stolen, BUG can bring an action to reform profits from the competition, recover for damages, and the move can drift an injunction to keep the competitor from using the secret or... If you want to get a wax essay, order it on our website: OrderCustomPaper.com
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