Management and Organizational Studies 2275A/B Study Guide - Midterm Guide: World Health Organization, Canadian Business, Legal Certainty

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Chapter 1 knowledge of law as a business asset. Ref: 4: what is the primary asset needed to maximize protection of entrepreneurs and the entire inventory tracking software business enterprise? a, accounting software surveillance cameras c, knowledge of business law. Ref: 4 | 8: a small group of entrepreneurs undertaking a business venture have agreed on the roles each will assume in the business, but they must now determine the form of business structure for the enterprise. I"mnottasosmart inc. overlooked the proper registration of its patent for a unique relay component used in its new software before release for public sale. A year later it discovered a competitor had used the component in its just-released patented software. Ref: 4 | 8: windy energy inc. recovered most of its property stolen by a former employee. The employee was placed on probation and ordered to pay restitution.