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Laws that govern intellectual rights
Transcript of Laws that govern intellectual rights
Intellectual property law deals with the rules for securing and enforcing legal rights to inventions, designs, and artistic works. Just as the law protects ownership of personal property and real estate, so too does it protect the exclusive control of intangible assets.
Costs and benefits associated with protection of intellectual property are distributed unevenly among different sectors.Even though different sectors might share the general goal of providing useful innovations to society, there are vast differences in how people can contribute to this goal.
The consequences of breaking intellectual rights is criminal fines, prison time, injunctions, financial restitution.Intellectual property laws prescribe harsh penalties for intellectual property theft. In most cases, intellectual property theft and infringement violations are charged as federal crimes. They can result in consequences such as: Criminal fines.
Intellectual property law is a good thing because it protects ownership of personal property. Although There should be laws protecting -some- rights regarding intellectual property, allowing others to freely "use" the property.
Intellectual property law
I.“Intellectual Property Law.” Hg.org, 2018, www.hg.org/intell.html.