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Business Law
Ch. 8
32
Law
Graduate
10/12/2013

Additional Law Flashcards

 


 

Cards

Term
Trademarks
Definition
Distinctive mark that manufacturer puts on its goods to enable consumers to identify product's source in market
Term
Trademarks and Related Property
Definition
Trademark seeks to avoid consumer confusion as to source of product
Term
Statutory Protection of Trademarks
Definition
Trademark law seeks to protect manufacturers from losing business to rivals that use confusingly similar marks.  Law creates incentive for investment, prevents unjust enrichment by infringer
Term
Statutory Protection of Trademarks
Definition
Federal law protects distinctive trademarks from unathorized use.  Similar marks may dilute a distinctive mark, especially on related goods or in same market
Term
Process of Trademark Registration
Definition

Person files application with PTO.

PTO registers trademark

Registration allows use of "®" symbol

Registration gives nationwide notice

Term
Trademark Infringement
Definition
Infringement is unathorized use of registered trademark
Term
Trademark Infringement--Remedies for Infringement
Definition
Injunction to stop infringement, monetary damages, destruction of infringing goods, attorney fees
Term
Distinctiveness of Mark
Definition
Trademark must be distinctive so consumers can identify source and distinguish from competing products.  Descriptive or geographical terms cannot be trademarked, unless they acquire a secondary meaning associated in consumers' minds with manufacturer
Term
Distinctiveness of Mark
Definition
Generic terms ("computer") cannot be trademarked, even when they acquire a secondary meaning--problem arises when name of trademarked good become generic word (kleenex, xerox)
Term
Service, Certification, and Collective Marks
Definition

Service mark is used to distinguish source of services

Certification mark is used to certify region, materials or quality of specific goods or services

Term
Trade Dress
Definition
Image or overall appearance of product or service.  Receives same protection as trademark--same issue about likelihood of confusion
Term
Counterfeit Goods
Definition
Counterfeit goods with fake trademarks may present serious risk to public health (pharmaceuticals).  Federal statute criminalizes intentional transportation or knowing use of counterfeit label, good or service
Term
Trade Names
Definition
Name company uses for doing business.  Sometimes company has same name as product (Coca-Cola)
Term
Cyber Marks
Definition
Cybersquatting means registering domain name same as, or similar to, another's trademark with intent to profit by selling domain name to trademark owner.  Federal law prohibits cybersquatting with "bad faith intent"
Term
Cyber Marks
Definition
Typo-squatting means registering domain name similar to or same as mis-spelled version of trademark.
Term
Cyber Marks--Licensing Agreement
Definition
Contract whereby owner (licensor) grants authority to another (licensee) to use intellectual property according to certain restrictions
Term
Patents
Definition
Grant from government that gives inventor the right to exclude others from use of invention for certain period of time
Term
Patents
Definition
To be patentable, invention must be: novel, useful, not obvious in light of current technology.  Computer software is patentable.  A business process is patentable only if invention is tied to particular machine or transforms object.  PTO application requires inventor to disclose design in public records (disadvantage of patent process).  Current U.S. law is 1st-to-file system (used to be 1st-to-invent)
Term
Patent Infringement
Definition
Unauthorized use of, or something "substantially similar" to, another's patented product--does not apply when made and sold outside U.S.
Term
Patent Infringement Remedies
Definition
Injuction, monetary damages for lost licensing fees, profits, attorney fees--court has discretion to consider public interest re permanent v. temorary injunction
Term
Copyrights
Definition
Grant from government that gives creator of artistic work right to exclude others from use of work for period of time--life of author +70 year; different for publishing company
Term
Copyright Protection
Definition

Automatic upon creation, does not need to be registered. Works can be registered at Copyright Office.  Not required to put symbol © on it

 

 

 

Term
Copyrights: What is Protected Expression?
Definition
To be copyrightable, work must be original and in tangible form
Term
Copyrights
Definition
Only the expression of idea can be copyrighted, not the idea itself.  Anyone can use ideas in copyrighted work without permission.  A work is in the public domain if it is no longer under copyright protection or if it failed to qualify for copyright protection (may be used without permission)
Term
Copyright Infringement
Definition
Copying "substantial" part of copyrighted work without authorization ("piracy").  It is fair use, not infringement, to copy material for education, research, or news purposes, without authorization.  Court considers effect on market, whether use was commercial
Term
Copyright Protection for Software
Definition
Federal statute says computer software programs can be copyrighted
Term
Copyrights in Digital Information
Definition
Infringement of digital information occurs when copyrighted work is copied or downloaded without permission, even if no commercial gain--music or movies
Term
Digital Copyrights
Definition
Federal law protects Internet Service Providers from liability for infringement by customer, unless ISP knew of infringement and failed to prevent it.  Sharing stored music filed may be copyright infringement
Term
Trade Secrets
Definition
Information of commercial value--trade secret law protects idea as well as expression of idea (information need not be tangible)
Term
Examples of Trade Secrets
Definition
Can be customer lists, plans, research, recipe, maybe computer software--such info cannot or should not be patented, copyrighted or trademarked
Term
Misappropriation of a Trade Secret
Definition
Is tort and craime under state and federal law--companies often require employees to agree to keep trade secrests even after employment relationship ends
Term
International Protection for Intellectual Property
Definition
WTO member nations agreed to pass domestic laws to protect I.P.; 170 nations agreed to recognize U.S. author's copyright.  100 nations allow application in one country to protect trademark in all nations
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