Introduction to Intellectual Property and Trademarks

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Description and Tags

Vocabulary flashcards defining fundamental legal concepts of property, licensing, trademarks, distinctiveness categories, and patents based on the lecture.

16 Terms

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Property

The idea of ownership over something within the law.

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Intellectual Property

Property resulting from the intellectual and creative process.

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License

When an owner gives permission for another person or business to use their property.

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Infringement

The use of property without permission.

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Trademark

A combination of words and symbols (including phrases, shapes, sounds, and colors) whose purpose is to identify and distinguish between businesses and products.

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Trademark Infringement

The unauthorized use of a mark that is exact or too similar, functioning to deceive or confuse a customer.

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TM Symbol

A symbol indicating that a trademark is claimed under common law through being the first person to continuously use it.

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® Symbol

A symbol indicating that a trademark has been registered under statute by filing paperwork with the government.

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Fanciful

A category of trademark that is completely made up and 100% the creation of someone (e.g., Häagen-Dazs).

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Arbitrary

A category of trademark that uses existing words that are completely unrelated to the product (e.g., Apple for electronics).

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Suggestive

A category of trademark that indirectly describes the product's function or purpose (e.g., Blizzard or Dairy Queen).

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Trade Dress

The overall image and appearance of a business or product (e.g., McDonald's golden arches).

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Generic Words

Words in common, everyday vocabulary (such as "book," "shoe," or "banana") that cannot receive a blanket trademark.

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Descriptors

Words or phrases that describe a product's qualities (such as "low fat" or "new and improved") which cannot be trademarked.

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Patent

A government grant permitting the exclusive use of a product or idea for a specific time period.

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Utility Patent

A general type of patent issued when someone invents something new or significantly improves an existing invention.