ECON-1006EL Study Guide - Quiz Guide: Foreign Corrupt Practices Act, Paris Convention For The Protection Of Industrial Property, World Intellectual Property Organization
12 Oct 2020
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Ratified by the u. s. and about 70 countries: but, many larger trading nations including japan and the u. k. have not agreed to the provisions of cigs and opt for arbitration instead(e. g. london court for international. Property rights - property rights refer to a resource over which an individual or business holds a legal title; that is, a resource that they own. They are legal rights over the use made of any income that may be derived from that resource; resources include land, buildings, equipment, capital, mineral rights, businesses, and intellectual property (such as patents, copyrights and trademarks). Intellectual property - property that is the product of intellectual activity. Protection of intellectual property rights differs from country to country: world intellectual property organization, paris convention for the protection of industrial property. The foreign corrupt practices act makes it illegal for u. s. companies to bribe foreign government officials to obtain or maintain business over which that foreign official has authority.
