business law 5

PART I: REVIEW 

All answers must be complete, logical, thoughtful, supported by examples, and well written.

1. Define the terms: real property, intellectual property, personal property.  Give a specific example of each. (Answering question 1 will help you achieve unit learning goal 1).

2. List the four major forms of intellectual property protection and explain the differences between them. Give at least one example of each type. (Answering question 2 will help you realize unit learning goal 1).

3. How is property law relevant to business? If a business is thinking about acquiring property, what are the important considerations? (Answering question 3 will help you realize unit learning goal 3.)

PART II: CRITICAL THINKING

 Answers must be thorough (at least 200 words, please), logical, thoughtful, supported by examples, and well written.  Please write 

QUESTIONS

1. What patents did Apple hold?  Would you have granted Apple's patent?  Why?

2. Did Samsung violate Apple’s patents?  How? What is the punishment?

3. What patents did Tesla hold?  

4. How does Tesla’s approach to intellectual property differ from Apple’s?

5. Make an argument in favor of patent protection.  

6. Make the counter argument in favor of the so called “open source” approach.