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USTGOLDEN NOTES 2011 MERCANTILELAWTEAM:ADVISER:ATTY. AMADOE. TAYAG;SUBJECTHEAD:EARLM. LOUIEMASACAYAN;ASST. SUBJECTHEADS:KIMVERLYA. ONG& JOANNAMAYD.G. PEÑADA;MEMBERS:MA. ELISAJONALYNA. BARQUEZ, ANGELIR. CARPIO,ANTONETTET. COMIA, ALBANROBERTLORENZOF. DEALBAN, JOEBENT. DEJESUS, CHRISJARKACEM. MAÑO, ANNAMARIEP. OBIETA,RUBYANNEB. PASCUA, FLORANGELAT. SABAUPAN, GIANFRANCESNICOLEC. VILCHESINTELLECTUAL PROPERTY LAWSI. INTELLECTUAL PROPERTY RIGHTS IN GENERALA. INTELLECTUAL PROPERTY RIGHTSQ: What are covered by intellectual propertyrights?A:1.Copyright and Related Rights2.Mark (trade, service and collective)3.Geographic indications4.Industrial designs5.Patents6.Layoutdesigns(Topographies)ofIntegrated Circuits7.Protection of Undisclosed Information.(Sec.4.1,IntellectualPropertyCode[IPC])B. DIFFERENCES BETWEEN COPYRIGHTSTRADEMARKS AND PATENTQ: What are the distinctions among trademark,patent and copyright?A:INTELLECTUALPROPERTIESDEFINITIONTrademarkAny visible sign capable ofdistinguishing the goods(trademark) or services (servicemark) of an enterprise and shallinclude a stamped or markedcontainer of goods.TradenameThe name or designationidentifying or distinguishing anenterprise.CopyrightLiterary and artistic works whichare original intellectual creationsin the literary and artistic domainprotected from the moment oftheir creation.PatentableInventionsAny technical solution of aproblem in any field of humanactivity which is new, involves aninventive step and is industriallyapplicable.(Kho v. CA, G.R. No.115758, Mar. 11, 2002).Q: What is a geographic indication?A:It san indication which identifies a good asoriginating in the territory, where a given quality,reputation or other characteristic of the good isessentially attributable to its geographical origin.(Art. 22, TradeRelated Aspects of IntellectualProperty Rights)C. TECHNOLOGY TRANSFER ARRANGEMENTSQ: What is a technology transfer arrangement?A:Contractsorarrangementsinvolvingthetransferofsystematicknowledgeforthemanufacture of a product, the application of theprocess,orrenderingaserviceincludingmanagement contracts, and transfer, assignmentor licensing of all forms of intellectual propertyrights, including licensing of computer softwareexcept computer software developed for massmarket.(Sec. 4.2, IPC)Q: What is undisclosed information?A:It is an information which:1.Is a secret in the sense that it is not, as abody or in precise configuration andassemblyofcomponents,generallyknown among, or readily accessible topersons within the circles that normallydeal with the kind of information inquestion.2.Has commercial value because it is asecret3.Has been subjected to reasonable stepsunder the circumstances, by the personlawfully in control of the information, tokeepitasecret.(Article39,TRIPSAgreement)Q:Whatisthenatureofundisclosedinformation/trade secret?