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Legal Enviroment of Buisness -
Daily Assignments
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Intellectual Property
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Features of Intellectual Property
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What is protected?
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Registration required?
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Duration?
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Examples
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Patent
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Ideas, designs, or processes that are novel, non-obvious, and useful
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Yes
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20 years
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industrial chemicals, manufacturing processes, prescription drugs
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Copyright
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Fixed expressions of creativity
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No, but recommended
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70 years past the death of the creator
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novels, poems, songs, photographs
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Trademark
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Distinctive mark, word, or symbol associated with a particular product
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No, but recommended
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Indefinite
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logos, emblems, catch phrases
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Find 2 specific examples of each type of intellectual property. Create a mini-poster illustrating intellectual property.
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