Asked by Devante Starks on Apr 28, 2024



Identify and discuss the ways in which a business can reduce their risk in relation to intellectual property.

Intellectual Property

Rights obtained from intellectual efforts in sectors including industry, science, literature, and art.

  • Elucidate the differences between types of intellectual property protections, including copyright, patent, trademarks, and industrial designs.
  • Review the procedures for preserving intellectual property in the digital era and the implications of the internet's expansion.

Verified Answer

Kelsey Rosenberg

May 03, 2024

Final Answer :
This is a general discussion question. Students should discuss that intellectual property is an important asset for businesses and has value that needs to be protected and to understand the legal risks when intellectual property is infringed. They should consider the use of agreements for ownership when employees are hired. They should discuss the employer's vicarious liability for infringement. They should discuss the use of policies that business can implement for protection.