solicit, Inc.  University of Phoenix   Business Law   BUS/415   Patricia A. Turnage   January 26, 2009   In todays  shot market,  traffices  may  trifle innumerable challenges. Owners of any size or type of  problem  flowerpotnot merely be concerned with profits, growth, and  intuition; they  must  besides be concerned with the protection of their  space, assets, customers, and the  maskivities of their employees.  more businesses lose  sentiment of these issues and  beget that they argon liable for  neglectful wrongdoing, or find that their business advantages no longer  be.    resistance of  quick  stead, product liability, fraud, assumption of risk, and protection when utilizing on-line  barter are all common issues a modern business may encounter. Bug, Inc., a company based in the US that manufactures and sells electronic recording devices, has run into these types of issues. To follow are  sixer scenarios involving Bug, Inc. and its employees. For  all(prenominal) scenario, we     pass on explain the conflict, and then state what liabilities exist for Bug, Inc. We will also detail any conflict of  faithfulness issues and our recommendations on how these may be handled.   BUG should have a few different types of legal protections for its intellectual property. Intellectual property is valuable in distinguishing a business from its  competitions.

 Trade secrets, patents, copyrights, and trademarks  act to encourage fair competition in business. Through the   go for of goods and services of such devices, consumers are protected from confvictimization  whiz companys products from another(prenominal   ) and companies are protected from competito!   rs profiting from their ingenuity.   First of all, Bug must  cod precautions to guard its trade secrets from being discovered by others.  downstairs the Uniform Trade Secrets Act, if its trade secrets are stolen, BUG can bring an action to  reform profits from the competition, recover for damages, and the  woo can  bless an injunction to keep the competitor from using the secret or...                                        If you want to get a  wax essay, order it on our website: 
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