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KengaRu [80]
2 years ago
7

Compare and contrast the protection to intellectual property provided by trade secrets relative to that provided by patents. Wha

t important defense is available to defendants in trade secret cases that is not available to patent infringement defendants?
Business
1 answer:
Vera_Pavlovna [14]2 years ago
7 0

Answer:

1. Protection to trade secrets and patents:

a. Trade secrets are protected indefinitely.  Generally, patents are granted for a maximum of 20 years.

b. The owner of a trade secret does not need to pay annual fee to defend the secret.  A patent holder is required to pay an annual fee, in order to make the patent enforceable.

2. Important defense for defendants in trade secret cases that is not available to patent infringement defendants:

The defendant in a trade secret case will cite that the secret is still commercially valuable.  But a patent holder cannot cite this because the patent is granted for a maximum of 20 years to stop stifling innovation.

Explanation:

Both trade secrets and patents are intellectual property rights which confer on their owners the exclusive use of their intellectual property.  The major differences are in the duration and the defense of the rights.  Patents, unlike trade secrets, do not last forever.  Patents, again unlike trade secrets, must be defended periodically through the payment of fees.

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makvit [3.9K]

Answer:

a. want to avoid potential disputes.

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The auditors are liable to report all the acts of the company, whether are in confirmation of law or not. This is because it is their duty to put a review on the balance sheet, and provide the users of such balance sheet the trust on the information presented.

Even if the agreement do not provide for complete details making it a valid contract this is sure that they need to act properly so that any moral dispute do not occur and that, all the work is done according to the responsibilities.

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3 years ago
Why is it important to file your federal incomes taxes every year?.
Vesna [10]

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Avoid losing future refunds.

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2 years ago
An investor prefers to invest in companies that have high operating leverage. How can this be accomplished if the investor also
Fittoniya [83]

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B

Explanation:

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

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3 years ago
How can i get money?
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8 0
3 years ago
Read 2 more answers
A company has 500 shares of $50 par value preferred stock outstanding,and the call price of its preferred stock is $60 per share
faust18 [17]

Answer:

B $32.50

Explanation:

Book value per common share will be calculated as;

= (Stockholder's equity - Shares × Call price per share) / Shares of common stock outstanding

Given that;

Stockholder's equity = $680,000

Shares = 500

Call price per share = $60

Shares of common stock outstanding = 20,000

Therefore,

Book value per common share

= ($680,000 - 500 × $60) / 20,000

= ($680,000 - $30,000) / 20,000

= $650,000 / 20,000

= $32.5

7 0
2 years ago
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