By; Pamela Baker
Due; November 5, 2012
LAW/421 - CONTEMPORARY BUSINESS LAW
Instructor: THOMAS WILSON
An e-business is to intellectual property as a restaurant is to the land it is occupying. Intellectual property is a collective term that embraces trademarks, trade names, domain names, copyrights and patents. In this paper we will address the basic understanding of intellectual property and how it is associated to each other and how they are used in the virtual world. The trade in the world today has changed. A person does not have to leave the house and visit a merchant to receive the items that they need or want. Most products today are right there at the edge of your fingers.
Because the world is changing though the use of new technology, a person has to be familiar with the laws associated with the e-businesses, cyberspace, or the virtual world as a whole. Laws were pasted for the protection of us all. The virtual e-business world is in general governed by the same laws and principles of the traditional brick-and-mortar businesses. Forms that embrace the intellectual properties used in the cyber world are Trademarks, trade names, and domain names copyrights and patents. An e-business still faces some of the same issues as any other business. Issues such as security risk, hackers, concerns privacy and ethical concerns. FORMS OF INTELLECTUAL PROPERTIES
E-Businesses are identified in the business world though the use of trademarks, trade names, and domain names. Trademarks, trade names, and domain names are all a form of intellectual properties. Trade makes and trade names are used on the net in a similar fashion as they are uses in brick-and-mortar businesses. Domain names is the arrangement of words, phrases, letters or other characters that is located on the systems keyboard that recognizes a explicit computer...