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BUSINESS LAW
CHAPTER 005: INTELLECTUAL PROPERTY
10
Law
Professional
06/15/2009

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Term
INTELLECTUAL PROPERTY
Definition
Property resulting from intellectual, creative processes
Term
PATENT
Definition
A grant from the govt that gives an inventor exclusive rights to an invention
Term
COPYRIGHT
Definition
The right of an author/originator of a literary/artistic work/production that falls w/in a specified category, to have the exclusive use of that work for a given period of time
Term
TRADEMARK
(SERVICE MARK/TRADE DRESS)
Definition
Any distinctive word, name, symbol, device, image, appearance, or combination thereof that an entity uses to distinguish its goods/svcs from those of others. Owner has exclusive right to use that trade or dress
Term
TRADE SECRET
Definition
Any info that a business possesses & that gives bus advantage over compt. (inc. formulas, lists, patterns, plans, processes, programs)
Term
CYBER MARK
Definition
A trademark in cyberspace
Term
DOMAIN NAME
Definition
The last part of an internet address, such as "westlaw.com". The top level indicates the type of entity that operates the site. ".com" = commercial. Second level is chosen by entity
Term
CYBERSQUATTING
Definition
The act of registering a domain name that is the same as. or confusingly similar to, the trademark of another ?& then offering to sell that domain name back to the trademark owner
Term
"FAIR USE EXCEPTION"
Definition
An exc. to liability for copyright infringement. In certain instances, a person/org can reproduce cpyr'd material w/o paying royalties
Term
P2P NETWORKING
Definition
The sharing of resources (files, HDs, processing styles) among computers w/o really req'g a central network server
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