Answer a=The invention of the company can be protected as per Intellectual Property Law. The company can use the patent to protect its newly developed invention. Patents are provided to the unique products and innovations for a certain period of time preventing any authorized use of patented products.
Answer b- In order to have the patentability, any product must have the below-mentioned features=
The innovation must be novel
The innovation must have some type of unique innovation
The invention can be produced at the industrial level
If we look at all these three conditions, these are satisfied by the company’s product/ This means that the product was unique and it was never developed before and at the same time the product can be produced at an industrial level
Answer c- The alternative name of the products could be Moon Stand. This is registrable as it is unique and there is no other product which has a similar name for the same product.
Answer d= Yes, there is a legal binding on Selma to give 1000 book holders to Safe Children Association as Selma promised the same by Tweeting and this was recognized or accepted by the Association by retweeting the tweet of Selma. Thus there is a written contract. The offer was made Selma and it was accepted by Association so all the requirements of the valid contracts are met
Business law and ethics Case Two: (60 marks) Brain Co. is a well-established company in the...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...
Case: Enron: Questionable Accounting Leads to CollapseIntroductionOnce upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant “E,” slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm laid off 4,000...