Intellectual Property’s Law: From problem to Case Solution
Intellectual Property Law
Intellectual property law deals with securing and making sure that the invention or the innovation which has been made by an individual or an organization will remain safe from theft, misappropriation and manipulation. It is the law which protects our physical property from legal constraints and mishaps;similarly the IP law protects the innovations and inventions from abuse and theft and make sure that its usage rights will remain with its owner. Moreover, the owner of the intellectual property may use his rights and allow anyone to use his property on agreed terms and conditions, however the owner of the intellectual property has the right to take possible legal action in case of any misappropriation by anyone.
Trademark Law
The trademark is the name, logo, word, phrase or symbol which has been identified and made by an individual, company or merchant to make an identification of its goods and services among its rivals and to make it distinguish in the market or to keep it separate from its competitors.The law of trademark has been made to secure these names, logos, words or phrases from other to be copied and misused, however the person who has registered its trade mark has the legal right to suit a file on the person who is using it without the owner’s permission. Moreover, according to this law the owner has the right to allow the usage of its name to any other person as per the agreed terms and conditions.
In this paper we will go through a section of different legal obligations which were imposed on some real businesses and what problems did those businesses faced and what solutions they suggested and did to overcome those legal constraints.Moreover, we will also discuss how those legal obligations changed the course of their business and their strategic dynamics....................
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