The movie Forrest Gump is about a fantastic business success story--and I mean "fantastic" literally, as in, it's a complete fantasy. But it is a funny and poignant story. It does point out one truth, however; that business success often has a component of luck within it. Notwithstanding, you need to understand business law basics as part of your business planning and to work pro actively, rather than reactively once legal issues arise.

A legal issue, such as discovering that part of your product is covered by a patent or copyright owned by another person or entity, can be just as devastating, likethe hurricane inForrest Gump. It could violate the warranty of non-infringement, which would breach the contract with every sale of the product made and subject the business to serious legal repercussions, i.e., damages and injunctions.

Find a real life case in the news of a business or individual having an intellectual property problem. Describe the case facts and application of law briefly. Provide a link to the article you used.

Check other student's contributionsfirstto ensure that you do not duplicate a case.