Business Law-Test #2-Chapter 8

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Trademark

A distinctive mark, motto, device, or implement that a manufacturer stamps, prints, or otherwise affixes to the goods it produces so that they can be identified on the market and their origins made known. A source indicator.

Patent

A grant from the government that gives an inventor the right to exclude others from making, using, or selling his or her invention for a period of twenty years from the date of filing the application for a patent.

Cloud Computing

A subscription-based or pay-peru-use service that extends a computer's software or storage capabilities. Can deliver a single application through a browser to multiple users, or it might be a utility program to pool resources and provide data storage and virtual servers.

Copyright

AN intangible property right granted by federal stud to the author or originator of a literary or artistic production of a specified type.

Intellectual Property

Any property that results from intellectual, creative processes-that is to say, the product's of an individual's mind.

Peer-to-peer (P2P) networking

File sharing. Rather than going through a central Web server, P2P networking uses numerous personal computers that are connected to the Internet.

Cyber marks

In cyberspace, trademarks are sometimes referred to as cyber marks.

Distributed network

Individuals on the same network can access files stored on one another's PCS through a distributed network.

Trade secret

Information of commercial value. Include customer lists, plans, research and development, pricing information, marketing methods, production techniques, and generally anything that makes an individual company unique and that would have value to a competitor.

Cybersquatting

Occurs when a person registers a domain name that is the same as, or confusingly similar to, the trademark of another and then offers to sell the roman name bcd to the trademark owner.

Domain name

Part of an Internet address. Every domain name ends with a generic top level domain (TLD), which is the part of the name to the right of the period that indicates the type of entity that operate the site.

Dilution

Protect dilutions laws protect "distinctive" or "famous" trademarks from certain unauthorized uses even when the use is on noncompeting goods or is unlikely to confuse.

Trade Dress

Refers to the image and overall appearance of a product. It is a broad concept and can include either all or part of the total image or overall impression created by a product or its packaging.

Typosquatting

Registering a name that is a misspelling of a popular brand.

Certification mark

Used by one or more persons, other than the owner, to certify the region, materials, mode of manufacture, quality, or other characteristic of specific goods or services.

Trade name

Used to indicate part or all of a business's name, whether the businesses a sole proprietorship a partnership, or a corporation. May be protected as a trademark if the trade name is also the name of the company's trademarked product. Unless it is also used as a trademark or service mark, a trade name cannot be registered with the federal government.

Collective mark

When a certification mark is used by members of a cooperative, association or other organization, it is referred to as a collective mark. Collective marks appear at the ends of motion picture credits to indicate the various associations and organizations that participated in the making of the films.

Service Mark

Essentially a trademark that is used to distinguish the services (rather than the products) of one person or company from those of another.

License

Essentially an agreement, or contract, permitting the use of a trademark, copyright, patent or trade secret for a certain purpose. The party that issues the license is the licensor, and the party obtaining the license is the licensee.

Meta tags

Key words. May be inserted into this field to increaser the likelihood that a site will be included in search engine results, even though the site may have nothing to do with the inserted words.


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