This short video clip deals with the legal issues of a hypothetical foreign$-$owned coffee shop opening in China and facing trademark violation issues from a Chinese competitor.

In a legal sense, the term property refers to a resource over which an individual or business holds a legal title, that is$,$ a resource that it owns. Intellectual property refers to property that is the product of intellectual activity. Patents, copyrights, and trademarks establish ownership rights over intellectual property.