Ownership, Rights, Patents and Trademarks Questions
1. Why is the title to real property permanent whereas some intellectual property is limited in the time that it is protected? 2. Owning real property does not mean that all rights are protected. Show two examples of where rights are limited in the ownership of land or personal property. 3. What is the difference between ...continues
On September 16, 1999, Governor Gray Davis signed Senate Bill 820 making California the first state to adopt an electronic contracting law. The law went into effect January 1, 2000. Its primary purpose is to "ensure that electronic contracts (records and signatures) have the same legal effect as their hardcopy counterparts." In ...continues
A U.S. sleepwear manufacturer discovers that the chemicals used to flame proof children’s pajamas might cause cancer if absorbed through the child’s skin. These pajamas were then banned from sale in the U.S. Some manufacturers sold the pajama material to distributors in other countries where there was no legal restriction aga ...continues
Greg, Kim, Phil, and Bob each own 20 percent of the shares of a company and serve as the board of directors of the company, Home Health, Inc. George is also a 20 percent shareholder, but he is not a member of the board of directors. When Bob dies, his wife Suzie inherits his shares of stock that were then worth $100,000, and r ...continues
1.How does the definition of value for purposes of holder in due course differ from the definition of consideration? Why do you think there is a difference? Should there be a difference? 2. The law of negotiable instruments was designed to create a substitute for cash and to facilitate commerce. Has the importance of negot ...continues
