Article Review free essay sample

Just as technology provides the opportunity to grow a business in ways just a few years ago would not cross our minds, it has also transformed the methods of how transactions are being done, and most transactions are now done via the internet. This has substantially lowered the number of smaller businesses that do not have the ability of conducting business over the internet as well as the sales in those that currently exist; this is due to the fact that most people, even with the risk s involved, would rather pay with a credit/debit card (internet transaction) vs. ood old’ cash. There are many ways the law has provided in order to protect businesses and consumers from their property. Two of those are patents and trademarks. A patent is how the government provides exclusivity to the inventor of a product, the exclusivity to use or sell the invention for a certain number of years. In 2001, Apple Company released the pod, a music device to download and play music from tunes that was launched in 2003.Apple Corps claimed this to be a violation of the 91 agreement and crossed the line into the sound recording industry. The High Court ruled that no breach occurred and the Apple Company could continue to conduct regular business (BBC News, 2006. ) Legal issues will arise as part of operating a business and have can have different effects on the company. Financial, contractual, copyright, and operating are types of legal issues that could spark a legal issue for a company. In 1 968 the Battles formed Apple Corps to oversee all of their business interests.When the company was formed, it had the opportunity to patent or trademark the apple name and logo. This would have prevented the Apple Company the ability to use both and create any confusion between the two companies. Apple Corps could enforce its rights to the name and logo in court against Apple Company. This act could have help to avoid some of the legal Issues between these two companies. The law in this case Is outdated by technological advances and opens up the agreement In 1981 to gray areas that are not Identified and spelled out In the Orlando contract.