STRAT 492 Legal & Intellectual Property Terms

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Vocabulary practice flashcards generated from STRAT 492 legal and intellectual property notes.

Last updated 7:07 PM on 9/23/26
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46 Terms

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Trade Secret Requirements

Information must have independent economic value because it is not generally known AND be subject to reasonable efforts to keep it secret.

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Trade Secret Duration

Indefinitely, as long as it remains secret and reasonable secrecy measures continue.

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Trade-Secret Misappropriation

Improper acquisition, use, or disclosure of a trade secret, such as theft, bribery, espionage, misrepresentation, or breach of confidence.

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Arrow's Information Paradox

A situation where a seller cannot prove secret information's value without revealing it, but once revealed the buyer may no longer need to buy it.

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Defend Trade Secrets Act (DTSA)

A law that allows trade-secret owners to bring certain trade-secret claims in federal district court.

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UTSA

Uniform Trade Secrets Act; a state-law framework for trade-secret protection.

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Waymo v. Uber

Case teaching that employee mobility is allowed, but confidential technical files/trade secrets cannot be taken or used improperly.

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Utility Patent

Protects function—how an invention works, such as a product, process, machine, or composition of matter.

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Design Patent

Protects the ornamental, nonfunctional appearance of an article of manufacture.

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Plant Patent

Protects a new and distinct plant that is asexually reproduced.

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Utility Patent Duration

Generally 20 years from the application filing date.

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Design Patent Duration

Generally 15 years from issuance.

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Core Utility Patent Requirements

Patentable subject matter, utility, novelty, and nonobviousness.

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Patentable Subject Matter Exclusions

Abstract ideas, laws of nature, and natural phenomena.

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Utility (Patent Law)

The invention must provide an identifiable, specific, substantial, presently meaningful benefit and cannot be inoperative.

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Novelty

A patent requirement asking whether the claimed invention is actually new.

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Prior Art

Earlier information—such as patents, publications, public use, sales, or disclosures—that can show an invention is not new or is obvious.

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Nonobviousness

A requirement asking whether a person of ordinary skill would view the claimed invention as an obvious or predictable combination/development from prior art.

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Patent Claims

The precise legal boundaries of what the patent protects.

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Patent Disclosure Bargain

The inventor publicly explains how to make/use the invention; society gives limited exclusion rights in return.

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Direct Patent Infringement

Making, using, selling, offering to sell, distributing, or importing a patented invention without permission; operates as strict liability.

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Induced Infringement

Actively encouraging or causing another person to infringe a patent.

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Contributory Infringement

Providing a component especially made for use in infringement, knowing it is for infringing use.

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Patent Exhaustion

Defense stating that after an authorized sale, the patent owner's rights in that particular sold item are exhausted.

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Myriad Genetics

Case teaching that naturally occurring DNA is not patent-eligible merely because it has been isolated; synthetic cDNA may be eligible.

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Mayo v. Prometheus

Case teaching that a law of nature cannot become patentable just by adding routine or conventional steps.

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Helsinn v. Teva

Case teaching that a confidential commercial sale can trigger the patent on-sale bar.

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KSR v. Teleflex

Case teaching that combining known elements in a predictable way can be obvious; nonobviousness is evaluated flexibly.

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Global-Tech v. SEB

Case teaching that willful blindness can satisfy the knowledge requirement for induced patent infringement.

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Impression Products v. Lexmark

Case teaching that an authorized sale exhausts patent rights in that particular item.

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In re Klopfenstein

Case teaching that a sufficiently public conference poster/display can be a printed publication and prior art.

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Juicy Whip v. Orange Bang

Case teaching that the patent utility requirement has a relatively low threshold; increased salability may satisfy utility.

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Apple v. Samsung

Case teaching the distinction between utility patents (function) and design patents (appearance), plus the strategic importance of IP enforcement.

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Moderna v. Pfizer/BioNTech

Litigation involving whether Moderna's asserted patent claims were valid, where Moderna sought damages instead of an injunction for infringement after March 8, 2022.

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Eureka Sunrise

A protected blueberry variety developed by Mountain Blue and licensed to Driscoll's in China for a period.

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Substantive Law

Law that defines rights and liabilities—the WHAT of legal rights.

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Procedural Law

Law that governs how rights are enforced—the HOW of the legal process.

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Subject-Matter Jurisdiction

A court's authority to hear a particular type of case.

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Personal Jurisdiction

A court's authority over the parties in a case.

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Original Jurisdiction

Authority to hear a case first.

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Appellate Jurisdiction

Authority to review a lower court's decision.

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Motion for Summary Judgment

A request for the judge to decide the case because no genuine material factual dispute exists and only a legal question remains.

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Deposition

Sworn out-of-court testimony taken during discovery.

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Interrogatories

Written questions that a party must answer in discovery.

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Arbitration vs. Mediation

Arbitration generally ends with a binding decision by a neutral; mediation helps parties negotiate but the mediator cannot impose a binding result.

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Driscoll's Short-Answer Structure

FACT -> LAW/IP right -> APPLY to the facts -> BUSINESS EFFECT/strategy.