short answer question
1. George invented a device to determine whether people are secretly aliens from another planet. He calls it “UWannaUs?” George wants to form a company and sell a million of the “UWannaUs?” devices. Using only the material found in the required readings, in 150 – 250 words, discuss three types of intellectual property that apply to George.
2.George also realizes that he needs cash for his start-up costs. He tells his rich Aunt Linda that he needs money for school. She says okay but then finds out about the invention and refuses to write George a check. George sues his Aunt for breach of contract. In 150 – 250 words, using the defenses to contract article within the Judicial Education Center in the required readings Using only the material found in the required readings, in 150 – 250 words, discuss two possible defenses that may be available for Aunt Linda.
Required Reading:
Judicial Education Center (n.d.) Contract Law. University of New Mexico. Retrieved from
http://jec.unm.edu/education/online-training/contract-law-tutorial
Missouri Bar Center (2008) Forms of Business Organizations. Findlaw. Retreived from http://corporate.findlaw.com/corporate-governance/business-organizations.html
Recommended Reading:
Hasl-Kelchner, Hanna. (2006). The business guide to legal literacy: what every manager should know about the law. [Books24x7 version]
Chapters 5 – 8
Citizens United v. Federal Election Commission 558 U.S. 310 (2010)
http://www.supremecourt.gov/opinions/09pdf/08-205….
Small Businesses Squeezed as Banks Limit Lending
http://www.npr.org/templates/story/story.php?storyId=113816657
United States of America. U.S. Courts. Reorganization Under the Bankruptcy Code. Retrieved from http://www.uscourts.gov/FederalCourts/Bankruptcy/B…
Greechie, S. (2013) Role of Government in Business. Houston Chronicle. Retrieved from http://smallbusiness.chron.com/role-government-bus…
Milton Friedman – Big Business, Big Government. [YouTube Video] Retrieved from
