The Use of Contracts to Protect Property Rights

Write a 700- to 1,050-word paper using Microsoft® Word to address the following questions:

• What type of intellectual property was at issue in this case? Were these ideas entitled to protection under the law?
• Explain the difference between an implied-in-law (quasi contract) and an implied-in-fact contract. What type of contract was at issue in this case?
• Explain what the parties could have done differently to protect their rights and avoid this dispute.
• Explain how a properly written contract could have been utilized for the licensing and use of the intellectual property to prevent the issue, and provide terms you would recommend be included in such a contract.
• Identify and explain each of the elements that would have been necessary to form a valid contract.