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true / false In cases of trafficking in counterfeit trademarked products, federal law provides civil injunctive remedies and authorizes criminal prosecution. A business can license
true / false
- In cases of trafficking in counterfeit trademarked products, federal law provides civil injunctive remedies and authorizes criminal prosecution.
- A business can license its patented technology and trade secrets for royalty payments under negotiated terms set forth in a licensing agreement.
- The economic value of a patent comes from the grant of the exclusive right to make or use the invention.
- The federal Defend Trade Secrets Act of 2016 and state trade secret laws apply to hackers who misappropriate employers' trade secrets, but they do not cover misappropriation by employees or former employees.
- Mediation is a general term for a flexible and voluntary process where a mediator facilitates negotiations to try to reach an amicable resolution.
- Trial courts have the option to determine whether to accept civil cases involving commercial parties where the court lacks subject matter jurisdiction over the claims in the case.
- State attorneys general and local state prosecutors in every state have the power to prosecute a broad variety of criminal misconduct from violations of state laws arising in a commercial context.
- The published policies and practices of the DOJ are influential in driving effective corporate compliance, compliance culture, and high standards of business ethics.
- Criminally culpable commercial bribery can occur when a competitor offers individual payment to an employee for disclosure of proprietary information even if the employee does not accept the payment.
- Businesses involved in the manufacturing of products are subject to strict liability for injuries caused by "defective" products, but distributors are exempt from products liability under the doctrine of fair use.
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