Running head: BUSINESS LAW
Laws that Govern Copyright
In the US, the law that governs copyright is the copyright act of 1976. This is a federal
statute that went into effect in the year 1978. This act alluded to the fact that the states cannot
enact their own laws outside the copyright act. For instance, providing extra provision outside
the scope of the copyright act. Some of the works that were protected by the copyright act
include different forms of literary works, dramatic works, and musical works among other forms
of arts. Furthermore, in the year 2001, the then president Clinton enacted the Sonny Bono
Copyright extension Act which extended the copyright extension (Timothy, 2013). This
extended protection for some of the iconic acts for a period of another 20 years. In many
instances, such extension works for many of the big movie corporations since they can enjoy
exclusive right for some of the content. In other words, it gives them the leeway to make money.
Intellectual property means the protection of the creations of the mind which have a great
value in terms of moral and in the commercial sense. In this case, the use ...