Intellectual property can be legally protected even though it is not a physical object. The above statement is true.
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What is Intellectual property?</h3>
- Intangible works of human intellect are included in the category of property known as intellectual property.
- Different nations recognize different kinds of intellectual property to varying degrees. Copyrights, patents, trademarks, and trade secrets are the most well-known varieties.
- In the 17th and 18th centuries, England was where the modern idea of the intellectual property first emerged.
- Although the concept of "intellectual property" was first coined in the 19th century, it wasn't until the late 20th century that it was widely accepted in the majority of the world's legal systems.
- Encouragement of the production of a wide range of intellectual commodities is the primary goal of intellectual property legislation.
- The law grants people and corporations property rights to information and intellectual property in order to do this.
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1a(1) : a binding custom or practice of a community : a rule of conduct or action prescribed (see prescribe sense 1a) or formally recognized as binding or enforced by a controlling authority. (2) : the whole body of such customs, practices, or rules The courts exist to uphold, interpret, and apply the law.
Employee theft coverage inventory will not be reimbursed if the only proof is loss in inventory or land and profit calculation.
<u>Explanation:
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An employer or a businessman can claim indemnity or insurance in case his employee commits property theft under the Employee theft coverage. This coverage can help for indemnifying the loss of property, money or securities as result of theft by the employee.
However, inventory shortages are not covered under this cover if the only proof available is profit and loss calculation. But if there is other proof like video of the theft, etc. then such loss can also be covered under this insurance scheme.
Answer:
A
Explanation:
it lists the law of the country and gives the state the power to enforce them... The rule of law being the supreme law of the land, nobody is above the law, it applies to everyone and everyone must stick to the law and do what it says to avoid Anarchy
Answer: Congress
Explanation: It's Congress, not the IRS, that writes the law, which is the official tax code. “But what's commonly referred to as the tax code includes interpretations of the law by the IRS and Treasury Department, said Eugene Steuerle, a tax policy expert at the Urban Institute.”