ipl-logo

Analysis Of Chapters Eight And Nine Of The Legal And Ethical Environment Of Business

575 Words3 Pages

This week, I was able to delve into the complexities of real, personal, and intellectual property. I read Chapters Eight and Nine of The Legal and Ethical Environment of Business by Lau and Johnson, which gave me a comprehensive understanding of these concepts.
In Chapter Eight, I learned about real property, which refers to land, buildings, and other permanent structures, and personal property, which refers to movable objects such as jewelry, furniture, and other personal belongings. I found this distinction particularly useful in understanding the different forms of property and how the law governs them.
Chapter Nine provided me with a comprehensive understanding of intellectual property, which refers to intangible creations of the human …show more content…

This exercise required me to consider this issue's legal, ethical, and social implications. After conducting research and careful consideration, I concluded that businesses should be able to preserve their property rights by patenting modified organisms, but with certain limitations and regulations in place to ensure that such practices do not restrict competition and access to essential technologies.
To further consolidate my understanding of these concepts, I also completed a written assignment where I had to argue for and against businesses being able to preserve their property rights by patenting modified organisms. I referenced the United States Supreme Court decision of Diamond v. Chakrabarty in my argument, which ruled that a living organism can be patented if modified in a way that is not naturally occurring.
Overall, this week has been a valuable learning experience for me. I have gained a comprehensive understanding of real and personal property and intellectual property, and I look forward to further expanding my knowledge in this

Show More
Related

Bowman Vs. Monsanto: Supreme Court Case

1430 Words | 6 Pages

The Supreme Court’s decision in Monsanto is, of course, important for agricultural industries. If subsequent cases extend the “no exhaustion” holding of Monsanto to these technologies, patent protection would extend to copies made from the first generation product that is obtained through an authorized sale. The Supreme Court suggested that it’s “no exhaustion” ruling might not apply where an article’s self-replication “occurs outside the purchaser’s control” or is “a necessary but careful step in using the item for another

Read More

Initial Trust Property: Case Study

562 Words | 3 Pages

All Intellectual property. My entire collection of intellectual property, without regard to the nature of the ownership interest that I possess and, to the extent that such intellectual property is not governed by agreements that were simultaneously generated at the time the intellectual property was created. This shall include any intellectual property that I have created, contributed to the creation of, acquired through purchase trade or otherwise, including but not limited to Copyrighted digital materials, Registered Trademarks, Patents or any subsequently developed form of intellectual property whether or not the registration process shall have been

Read More

Dbq Intellectual Property

617 Words | 3 Pages

Intellectual property refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce (Source 1). Some common types of intellectual property include, but are not limited to; trademarks, patents, copyright, and industrial design rights. While there has always been intellectual property, it was not until the late 1900’s that the term “intellectual property” was used. Intellectual property, like physical property, is owned by a certain person or group, who has legal rights over that property. Mr. Timothy Sykes and his company own the rights over all of his products, including the 9 DVD’s I downloaded and uploaded to my website.

Read More

Gene Patent Essay

436 Words | 2 Pages

The articles “Patenting Life” and “Decoding the Use of Gene Patents” are both very interesting for, both deal with the outcomes of using gene patents. Although, the article “Patenting life” involves the cons of gene patenting, the article “Decoding the Use of Gene Patents” demonstrates the pros of using this technique. These topics are seen from two different points of view; they are written by two different men. The author of “Patenting Life” is Michael Crichton, a author, critic, and film producer that earned his degree from Harvard Medical School. On the other hand, John E. Calfee the author of “Decoding the Use of Gene Patents” ,a resident scholar, staff economist and manager.

Read More

Intellectual Property According To Hals-Ketcher (2006)

465 Words | 2 Pages

Intellectual property is a property created by an individual or a group of individuals which is recognized by state laws. Three types of intellectual property that apply to Jimmy. According to Hals-Ketcher (2006) Intellectual properties (IP) which apply to Jimmy are; patents, copyright and trademarks, all enable people to earn recognition or financial benefit from what they invent or create. Patents fall into three broad categories: utility, design, and plant patents.

Read More

What Does Ownership Mean

798 Words | 4 Pages

For instance, I own personally own the book "Of Mice and Men" and I also had a change to thoroughly read the short novel. By buying the book I have retrieved ownership of it since it is now mine. Furthermore, by reading the book and understanding the characters and the plot I now receive ownership of an intangible object which is understanding the novel and how the story develops. As of now my sense of self has change as I began to understand the impact of isolation on a person and the importance of friendship. I personally would consider this an example of intangible and tangible ownership since you have now owned new knowledge you did not know previously.

Read More

Pros And Cons Of Gene Patenting

893 Words | 4 Pages

Another reason I say gene patenting is wrong is because it is illegal and I harms nature, I am a little bit of naturalist myself because of the fact I really like nature and when I turn on the news I see we have massive pollution, animals going extant etc., but yet I don’t see those companies doing anything

Read More

Intellectual Property In Business

1181 Words | 5 Pages

INTRODUCION Today, intellectual property is an increasing aspect of business. IP forms a crucial part of value of business as we move into the knowledge economy. It is a fundamental business issue; not a legal issue. Just like any other product IP must be prepared into a protected, managed and exploited form only when IP is have to value.

Read More

Business Ethics Case Study Patagonia Essay

549 Words | 3 Pages

Patagonia is a very popular clothing company that provides high quality wear designed for people that enjoy being outdoors. The provide good quality warm clothing such as jackets and flees for reasonable prices. Not only do they provide a great product, but they also make it their aim to make a positive impact by contributing to the industry and by also creating high standards and values which is something that popular brands should always do. Profitability for a company is linked to their ethical standards because it builds a reputation for the brand. It has been found that many investors determine if a company should be invested in by also looking at their social impact.

Read More

The Four Types Of Intellectual Property

1615 Words | 7 Pages

Intellectual property is a form of protection right given to works under federal or state law. It is usually given to works that are copyrightable, new discoveries and invention. Usually, assets that are going to be protected are non-physical. The four types of intellectual property are Copyright, Trademarks, Patents and Trade Secret. Intellectual property has a given set of time of expiry date to encourage further innovation.

Read More

Argumentative Essay On Genetically Modified Food

1669 Words | 7 Pages

For years, the health and safety of genetically modified foods have been debated and researched by scientists, but the question still stands: should genetically modified foods be allowed for consumption? The process of genetic modification involves inserting a gene from bacteria or a virus into an organism where it would normally not be found. The purpose is to alter the genetic code in plants and animals to make them more productive or resistant to pests or farming techniques. Genetically modified organisms, more commonly known as GMOs, have been a controversial topic of debate for a number of reasons. The ethics behind genetically modified foods come into question due to an abundance of short and long-term effects from the process, many of which are still unknown today.

Read More

Business Ethics Case Study: The Johnson And Johnson Case

1262 Words | 6 Pages

Introduction The key ethical issues that were presented in this case study were quality control, lack of customer care, responsiveness, and harming the customer. The Johnson and Johnson case may have been seen as a turning point due to many things the company did right. However, there were many ethical issues in this case which will be explored more throughout this paper.

Read More

Introduction To Intellectual Property Law

1879 Words | 8 Pages

trademarks, service marks, and commercial names and designations; protection against unfair competition; and 7. “all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields.” Intellectual property can be incorporated in tangible objects but the property over which the intellectual property rights are given is not the tangible object, but the information or knowledge reflected in them. However it is interesting to notice that these rights are only given to a specific duration prescribed by law. If you own a pencil you own the property rights over it forever unless you waive them by yourself.

Read More

Film Inception: Intellectual Personality And Copyright Law

2155 Words | 9 Pages

This idea is what is deemed to be a property; an idea so unique and personal, that any person with such an idea is its owner and has certain rights over it. This is what is referred to as Intellectual Property Rights, and the area of law governing it is known as Intellectual Property Law (I.P. Law). This essay restricts itself to the discourse of Copyright Law field of I.P. Law and the effects

Read More

The Importance Of Business Ethics In International Business

1039 Words | 5 Pages

Basically, ethics are at their essence which is it is the moral judgments about what is right and what is wrong. Business ethics is focusing on examine the policies and conduct within the context of commercial enterprise in an organizational as well as in an individual level. In business, the ethics in business is an applied ethics where professionals and researchers use principles and theories to solve any ethical problems that exist in business. At the quarter of the 20th century, as technologies like internet have made world business or international business all more viable, the business ethics domestically have grown in importance along with the power and significance of major businesses. So that, international business ethics take center stage as a major concern of the modern era.

Read More

More about Analysis Of Chapters Eight And Nine Of The Legal And Ethical Environment Of Business

Related Topics

Open Document