Legal aspects of international business - Assignment Example

#Question What are the two types of intellectual? Intellectual property is the useful information and knowledge that defines an organization. It is categorized into two types which are artistic and industrial intellectual. Artistic intellectual involves protecting different work categories such as artistic, literary, dramatic and musical works using copyright. On the other hand, industrial intellectual is further categorized into two categorizes which are invention and trademark. Invention covers protection of both the product and the process of producing a product.

Trademark is a mark on a product that indicates the right of producers, enterprises and service providers. # Question 2 Explain the right of performance?Right of performance is the legal right that allows an author to freely communicate a copyrighted work to the public. An author can exercise the right of performance into two approaches, which are general right and subsidiary right. #Question 3 According to the 1976 U.S copyright Act, what are the seven categories of works that are eligible for copyright protection?

The copyright Act of 1976 stipulates that the seven eligible work categories under the copyright protection are literary works, musical works, dramatic works, pantomimes and pictorial, choreographic works, graphic, and motion pictures, sculptursal works and other audiovisual works, and architectural works.#Question 4 What is an invention?Invention is the act of discovering or creating new material that could be a new object, a new process, a new use or improvement of already existing materials.

However, something would only be considered an invention if and only there was no other existing thing of the kind and on the course of doing so, it was not the only obvious thing at the time.Works citedRay, August, and Don, Mayer. International Business: intellectual property. 6th ed. Upper Saddle River: Prentice Hall, 2012. Print.