Description
- Intellectual Property (IP) Clause regarding ownership of IP
Write a paper of 700- to 1,050-words in which you explain the following:
- Explain any legal issues regarding your selected clause (which is IP)
- How your contract clause can be applied in a business managerial setting for either a personal, real, or IP dispute or an IP property clause regarding either owner of IP or trade secrets.
- In the event the contract was breached, what might be the best possible remedies for this and why?
Cite at least 3 peer-reviewed references, identified and defined in the Instructor Policies (Spiering, 2016, Researching Assignments).
Format your paper consistent with APA guidelines.
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Requirements for a good grade:
LT Grade Rubric for Week 3 Learning Team: Contract Clause & Intellectual Property Drafting Paper | |||
Content 60 Percent | 6 Points | Score | Additional Comments: |
| Highlighted bullets and/or specific comments depict areas to improve in content and to hone your research and writing skills. | ||
Organization / Development 20 Percent | 2 Points | Score | Additional Comments: |
| words | ||
Mechanics 20 Percent | 2 Points | Score | Additional Comments: |
| |||
Total | Score | ||
10 |
Explanation & Answer
Attached.
1
Intellectual Property (IP) Clause - Outline
I.
II.
Introduction
Legal issues associated with Intellectual Property
III.
Application of Contract Clause in Business Managerial Setting
IV.
Remedies for Contract Breaches
V.
Conclusion
Running head: INTELLECTUAL PROPERTY (IP) CLAUSE
Intellectual Property (IP) Clause
Name
Institution
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INTELLECTUAL PROPERTY (IP) CLAUSE
2
Intellectual Property (IP) Clause
Introduction
Intellectual property refers to the type of property that is generated through the use of
mental labor and consists of copyrights, trademarks, patents, and trade secrets, as well as those
related to industrial designs, appellations, and industrial designs. While patents are used to
protect tangible inventions, trademarks for the protection of a name or symbols that show the
source of products or services, the copyright is created from the protection of various kinds of
artistic works and expressions including written and verbal. These elements of intellectual
property are the sources of some of the legal issues that emanate from the “fair use” doctrine of
the United States that allows limited use of copyrighted materials without the permission from
the rights holder. Most of the issues are complex because of the varying interpretations of what
constitutes fair use and otherwise.
According to Barringer (2012), a common legal issue in most IP breach cases is the
amount and substance of the original copyrighted work that is included in the work to meet the
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