Slide 4 of 24
Notes:
Lets define some some terms:
What is property? Or more specifically, what how does the law define ôpropertyö? Property is a collection of rights and duties about a ôthingö.
Unfortunately law is practiced by lawyers, so we canÆt be content to use a simple word like ôthingö. We have to make up a Latin name for ôthingö, so we call it a ôresö
But, IÆve used two other terms in that definition that also need defining:
A ôrightö is a legally enforceable ôpower of free actionö
A duty is a legally enforceable obligation
So, lets put all this together: Property is a thing, or res, about which the law will enforce a personÆs rights as well as obligations.
The major forms of Intellectual property protection are
