Respond to the following in a minimum of 175 words: What are some of the reasons that intellectual property requires different legal protections than tangible or real property? Melinda JenkinsRespond to the following in a minimum of 100 words: Greeting Classmates,There are several reasons why intellectual property requires different legal protections than tangible or real property. Intellectual property is considered things that are created from the mind to include: “patents, copyrights, trade names, and trade secrets” (Lee, 2020). Where “tangible property is any property, real or personal, that can be touched. Real property consists of land or real estate that cannot be moved or is attached to the property, such as buildings, oil, gas and minerals, and trees. Personal property is property that can be moved, such as machinery, equipment and furniture” (Grant Houston).There needs to be different legal protections for intellectual property such as patents, copyrights, trade names, and trade secrets because these are things that have been created from original innovation, and the creator of these innovation need to be protected from other people having the ability to take claim for their innovation, and therefore the creator should be the only one who decides how these innovation should be use or can be used by other people. One of the biggest reasons why different legal protection is used when it comes to tangible or real property because this type of property is “not indefinite and may be lost through sale, gift, or inheritance” (Lee, 2020).Lee, K. (2020). Business law (2nd ed.). Retrieved from MyEducator.Grant Houston. Sapling. What is Real and Tangible personal property? Retrieved from https://www.sapling.com/8787310/real-tangible-personal-propertyCharisse MartinezRespond to the following in a minimum of 100 words: According to ‘The Scope Of Protection Offered By Intellectual Property Law'(2020), “Intellectual property law differs from other property law in that intellectual property law protects rights in intangible property, whereas other property law protects tangible, or physical, property. Thus, intellectual property law deals with abstract concepts, rather than with concrete physical objects. The physical manifestations of the work product of the protected intellectual property may be protected by other property law, but it will not be protected by intellectual property law.”The expression licensed innovation (IP) alludes to the heap of legitimate rights that emerge from the imaginative virtuoso of the human brain. IP rights assume a significant job in the financial flourishing of a nation and fill in as a spurring power for innovative people to impart their virtuoso to society. Like genuine and individual property rights ensure one’s proprietorship enthusiasm for unmistakable articles, for example, land and cars, IP rights secure one’s possession enthusiasm for impalpable items, for example, the thought behind a creation, the music score for a Broadway play and the name or logo used to mark an item. Without authorization of these rights in the law, it would be hard for society to succeed and develop. Right now, will realize what licensed innovation rights are and the contrasts between its different structures. (Peterson, 2020)At the point when a great many people consider licensed innovation rights, licenses, trademarks and copyrights ring a bell. This center arrangement of IP rights remunerate and secure the imaginative works of creators, creators, proprietors and venders of merchandise and enterprises in the commercial center. While the lawful rules that underlie every one of these rights are unmistakable, they each offer a typical arrangement of standards. (Peterson, 2020)The Scope of Protection Offered by Intellectual Property Law(2020). Retrieved from https://lawshelf.com/coursewarecontentview/the-sco…Peterson, T. (2020). How Intellectual Property Works. Retrieved from https://money.howstuffworks.com/intellectual-prope…
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we\'ll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.