Bugs Inc Paper

Running a trading in todays competitive market requires owners to have knowledge of several distinct concepts of business law. It is non enough to know how and what to sell. Business owners must understand any legal dangers that could negatively affect their sound line. For example, understanding the concepts of liability and duty of cargon could help businesses to maintain costly lawsuits that could result in major loss. In the chase paper, several contrary scenarios affecting BUG Inc., an up and flood tide electronic device company, will be discussed. The scenarios will break down the topics of necessary legal protection, international conflict of law, tort law, and obliging and tort liability.
Elements of legal protections
There ar four different sheaths of intellectual property. The four are patents, copyrights, trademarks and trade privys. The first feel BUG should take to protect their com flummoxer hardware and software package would be to patent them. Patents are properties and the rights can be sold and licensed. Patents are granted by the U.S. Patent and Trademark office which is a branch of the Department of Commerce. BUG spent a hoi polloi of time and money coming up with and completing the hardware and software to do wiretaps. This is important to do so that no one else can sell the rights or license.



The second type is to copyright their product both software and hardware. BY doing so no one can take reproduce and reach copies if the copyrighted work.
The third type would be trademarks. BUG should put a symbol on all of the hardware and software that lets a person know who the product belongs to BUG and is not another brand. The fourth type is trade secret. Business competitors are sometimes victims of industrial espionage that is done by theft of business ideas and methods. A trade secret is an idea or schooling that has commercial value because it is not widely known. Trade secret is a broad concept that includes a wide signifier of business...If you want to get a full essay, order it on our website: Ordercustompaper.com



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