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

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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

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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

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Monsanto was among the first corporations to merge the biotechnology industry with agriculture. This involved heavy research and development costs, which were recovered through the use of biological patents. However, Monsanto’s seed patenting model has been lambasted as bio piracy and a risk to the environment. The purpose of this essay is to demonstrate the way Monsanto used their genetically engineered seeds for profit and to show how it is immoral on the deontological ethical system. This will be achieved by discussing Monsanto’s cottonseed issue in India; the way Monsanto monopolized the global seed market and Monsanto’s corruptive practices in getting their genetically modified seeds

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