Infringement cases of intellectual properties
Intellectual properties are collected ideas and concepts that originated from different sources, such as an individual or company. The entity who carries the title of being the owner of the idea has the sole right in copying or duplicating his own concepts. Despite entitlement of ownership, many people step across the perimeter of the boundaries set by the author. This type of violation is called copyright infringement, where ideas are copied and used without the approval of the originator. The focus of this paper is to discuss some of the companies who are involved in infringement issues like Napster, Bertelsmann, and Blackberry. They were sued by Metallica, Electric and Musical Industries (EMI) and Universal Studios respectively. Additionally, making use of one’s invention without the permission of the inventor is called patent infringement. It violates the exclusive rights given by the federal government to the maker of the innovation. NTP Inc., a company with no technology of its own and Oxbo both violated patent rights and were sued by Research in Motion (RIM) and H&S Manufacturing respectively. Each of these cases will be discussed in detail considering various facts, violations, court rulings, and financial damages.
Keywords: infringement cases, intellectual properties
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Decision maker’s tool: Statistics, the problem solver
The primary objective of every investor is to see how his money grows. No matter where one decides to plant or invest his money, there is an inevitable process that follows. The important thing is to closely monitor events and record every detail of information. Unless there is a proper system, issues will build and may become difficult to manage. This is the main reason why there are tools which are necessary to use when planting the seeds for investments. These tools are packed into one parcel and referred to as statistics. The term statistics will refer to descriptive and inferential statistics, probability, parametric and non-parametric tests, time series, and business intelligence. This paper will define statistical gears which are normally used by business managers to gather and analyze data for planning and decision-making. It will further highlight how the elements of statistics can build a strong pillar to run a business and alleviate potential challenges through the use of a tool known as the problem solver.
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Debtor’s and creditor’s stronghold: Bankruptcy chapter 7, 11 & 13
Bankruptcy law is created to protect debtors from the hands of creditors. This law ensures creditors repay loans by engaging in a particular process. The United States Congress has enacted a decree governing bankruptcy in the form of the Bankruptcy Code. The different types of bankruptcy will be referred to in this article by their chapters: Chapter 7, 11 and 13 (Justia, 2019). This article will identify the differences between these three chapters, their objectives, as well as the advantages and repercussions of each. Further, the non-dischargeable debts, recommendable actions for the filers, numbers of petitioners who have undergone bankruptcy cases, the financial ratio of the petitioners, the common denominator on the filers, and the methodology performed by the chief executive officer (CEO) of the four companies, Coldwater Creek, Kmart, SEARS and Toys “R” Us, will be analyzed. Additionally, the design and methodology for reviving each company that were implemented and applied by each CEO will be examined, and the reasons they were proven ineffective will be offered. By investing more, borrowing can become essential and, liabilities can grow beyond what could be repaid. This results in the filing of bankruptcy for protection from creditors.
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