ADMS 2610 Lecture Notes - Design Patent, Linoleum, Trademark

40 views5 pages

pucewildebeest131

9 Aug 2012

School

York University

Department

Administrative Studies

Course

ADMS 2610

Professor

Robert Levine

For unlimited access to Class Notes, a Class+ subscription is required.

Document Summary

Exclusive right granted to the inventor of something new and different to produce the invention for a period of 20 years in return for the disclosure of the invention to the public industrial property encourage new inventions. Historical development: early forms from english guilds, blend of procedural aspects of usa patent law but retained the common law interpretations and expression of patent rights. Patent act: patents apply to inventions which are: (1) new not invented before (2) useful not a mere idea, actually works. Can be reproduced by someone skilled in the art (3) unobvious. Not next logical step: four classes (1) a machine (multiple interactive parts) (2) a process (method of manufacture or achieving result) (3) an article of manufacture (useful device) (4) composition of material (a formulation) A mark to distinguish the goods or services of one person from the goods and services of others: protect marks and prevent unauthorized use.

Related Questions

15. Why an invention should be patented?

(i). It gives protection to a patentable invention.

(ii). It gives legal recognition to the invention.

(iii). It makes others aware of the fact as to whom does the invention belongs

(iv). Patenting one’s invention makes useful data relating to the invention available to other inventions for further research and development.

Out of the four reasons given above, identify the correct one(s):

a. (ii) and (iii)

b. (ii), (iii) and (iv)

c. None of the above

d. All of the above

Problem 16-30 (LO. 3) Hilde purchased all of the rights to a patent on a new garden tool developed by a friend of hers who was an amateur inventor. The inventor had obtained the patent rights, set up a manufacturing company to produce and sell the garden tool, and produced substantial quantities of the tool, but he then became discouraged when no large garden company would agree to distribute the tool for him. Hilde purchased the patent rights (but not the manufacturing company) for $120,000 on October 24, 2015. Hilde had never engaged in such a transaction before, but she is a salesperson in the garden industry and thought she could succeed where her friend had failed. On June 27, 2016, she sold all of the patent rights to Garden Tool Company for $1,233,000. Garden Tool will manufacture the tool in its own factory and sell it to its customers. What is the nature of Hilde's gain from this transaction?

Hilde has a short-term capital gain of $??

fuchsiafish404

Chapter 13 Assignment Law of Property: Real and Personal

Due Date: Refer to the Course Calendar

Submit questions and answers, not just your answers.

Please answer the following questions with complete sentences.

Points will be deducted if answers are not in complete sentences.

1. What are the similarities and differences between a cooperative and a condominium?

2. Sometimes courts offer multiple reasons for their decisions. The fact that the lower court offered two distinctly different reasons for granting summary judgment to the Homeowners Associations was especially important in the case of Burton Stevens v. Elk Run Homeowners. Association, Inc. Why? Please be very detailed.

3. Why might an inventor prefer to protect an invention using trade secret law rather than patent law, or vice versa?

4. The Trade-Related Aspects of International Property Rights (TRIPS) is administered by whom?

5. The patent holder has a guarantee of an exclusive monopoly on the use of the invention for how many years?

6. Many countries require a business to be what to register a domain name in the country?

7. Because of the Takings Clause of the U. S. Constitution, what are the two requirements when the government wishes to take someoneâs private property?

8. What are the bundles of rights associated with Real Property?

9. Explain everything that is included in the ownership of land.

10. List and describe the different interests in Real Property.

11. Define easement. List and describe the three different types of the easement.

12. List and describe the three types of co-ownerships.

orangewombat200

ADMS 2610 Lecture Notes - Design Patent, Linoleum, Trademark

Document Summary

Get access

Related Documents

ADMS 2610 Study Guide - Comprehensive Final Guide: Design Patent, Patent Office, Section 33 Of The Canadian Charter Of Rights And Freedoms

ADMS 2610 Lecture Notes - Lecture 26: Trade Secret, Revamp, Canadian Tire

ADMS 2610 Lecture Notes - Lecture 9: Patent Pending, Data Retention, Zipper

Related Questions