How and Why to Protect Your Intellectual Property

Accounting assignment
(Insert Name)
(Institutional Affiliation)

How and Why to Protect Your Intellectual Property
by Chris Hinson HYPERLINK "/articles/intellectual_property/article5.asp"/articles/intellectual_property/article5.asp
Summary of the story
The article above examines what the intellectual property of a business is and how it can be protected. It also examines the importance of protecting the intellectual property of a business. The intellectual properties include inventions, original works of authorship, designs and trade secrets. The three main forms of intellectual property protection discussed include: patents, copyrights and trademarks.
Relationship to course covered
The legal course covered that the story relates to is the Intellectual Property which has both a business and a legal dimension. There are laws and policies that are used to govern intellectual property; hence this course offers insights into these elements which are discussed in the story. The course gives the types of intellectual properties and the rights that are used to protect the interests of the creators. Just like the course, this story is important in ensuring that individuals are educated on what intellectual properties are.
Impact in a business context
This story has several impacts on a business context in ensuring that businesses are run based on the required legal frameworks and that they do not engage in activities that violet intellectual property rights. It also ensures that businesses that engage in goods and services that are of this nature realize maximum profits without loosing to fraudsters as well as...