Management and Organizational Studies 2275A/B Lecture Notes - Lecture 5: Personal Property, Bailment, Provincial And Territorial Courts In Canada

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Desmond Mc Keon

Document Summary

Least capitalist societies with less disparity and more equality in tax payment in fact measure better on scales of a better society scandavian countries > Amount of care responsible for depends on contract. Without contract bailee required to apply reasonable care depends on circumstances, purpose of bailment (who benefits) Standard of care high benefit of bailee (gives bailed property to another) Standard of care low involuntary and without agreement. Still own some reasonable standard of care can"t destroy property. Until 20 years over it is inventor"s property. Patent pending is basically meaningless can sue after receive patent and infringement had occurred. Usefulness of invention protected not invention itself. Can have new patent for new use of an old invention. Canada follows first-to-file and usa follows first-to-invent. Business method patents allowed in usa but still debate-able in canada. Injunction can sometimes be more valuable than damages stops infringer from continuing to sell that product.