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3308Chap10outline - 10 Intellectual Property in The...

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Unformatted text preview: 10 Intellectual Property in The Property System Property 0. Legal Right 1. Exclusivity - Ownership 0. To Resource 1. Possessed or Acquired Legally 2. Possess/Use 3. Sell/Donate donor intends to give and delivers to donee 4. Use As Collateral creates Capital The Property System 0. Unlimited Resources = No Problem 1. Limited Resources 0. Communism- State Ownership & Control 1. Capitalism- Individual Owns Private Property, Within State Limitations Property Usage 0. Private 1. Public 2. Common Property & Prosperity 0. Central 1. Property 0. Business Environment 1. Society's Achievement 2. Promotes Incentive 3. Aids In Capital Formation- Mortgage 4. Divisibility Property Division 2. Real- Requires Written Agreements 3. Personal- Property That Is Not Real, Movable, Tangible 5. Land 6. Interest In Land- Fixture Acquiring Resources 0. Exchange 0. Swapping Resources most common way 2. First Possession 3. Abandoned/Lost Resources 1. Possession 1. Contract Rules- Binding/Enforceable Acquiring Resources: Adverse Possession 0. Adverse Possession 0. Open & Notorious 1. Actual & Exclusive 2. Continuous 3. Wrongful 4. Period Of Time 4. Eminent Domain- Power To Take Private Property For Public Use Acquiring Resources 5. Confusion 6. Accession- Accident 7. Gift 9. Donor/Donee 10. Intent 11. Delivery 7. Fungible 8. Boundaries Types Of Ownership 8. Estate bundle of rights and powers of real property 9. Fee Simple 10. 11. 12. 13. 14. 15. Absolute Defeasible Reversion v. Remainder Future v. Present Life Estate Leasehold- Duration Concurrent Ownership 1. Undivided 2. Joint Tenancy- Equal Shares, Right Of Survivorship 3. Tenants In Common- Different Shares 4. Doctrine Of Partition owners can force separation Title/Property Registration 12. 13. 16. Warranty- Good Title 17. Special Warranty- Specifies Claims 18. Quit Claim- No Guarantees Title = Ownership Deed- Transfers Land Ownership 14. Registration Statutes Property Use & Rights Of Others 15. 16. 19. 20. 21. Property Limits Not A Thing Right Nuisance- Public/Private Zoning- Variance 22. Intellectual Property 0. 1. Intangible Resources Creative Expression 2. Inventions/Marks Trade Secret 17. Form Of Information 18. Owner Works To Keep Secret 19. Economic Value Derived From Secrecy 20. Theft = Misappropriation Patent Law No mathematical formulas 21. Patent- Exclusive Right Of Use For Period Of Time 22. 23. 24. 25. Duration/Enforcement Utility- 20 Years Plant- 17 Years Design- 14 Years Patent Application Patentable 0. Process 1. Machine 2. Matter Composition 3. Improvement 0. Process 1. Machine 2. Composition 4. Nonfunctional Designs 5. Certain Plants 6. Business Methods Trademark Law 23. 24. 25. 26. 27. 28. 29. 30. Registered- PTO Recognizable/Distinctive Types- Lanham Act(1946) Trademark Like Nike Service Mark Certification Mark Collective Mark Tradedress Trademark Enforcement 26. 27. 28. Infringement Counterfeit/Palm Off Defenses: 31. Not Distinctive 32. Little Chance Of Public Confusion 33. "Fair Use" Trademark- Internet 29. Internet Corporation For Assigned Names & Numbers v. Patent & Trademark Office 30. Metatag- Infringement? 31. Trademark Dilution Copyright Law 32. 34. Requirements- Copyrights Original Work 33. Protects Authors Not InventorsFair Use 34. Digital Millennium Copyright Act (1998) 35. 36. Tangible Medium Creative ...
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