BLaw Final

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15 Terms

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Intellectual Property (IP)
Includes creations such as books, apps, movies, and music.
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Lanham Act (1946)
Federal law protecting against misleading trademarks.
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Trademark
A distinctive word, symbol, or design identifying a manufacturer’s goods.
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Patent
Grants exclusive rights to make, use, and sell an invention.
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Copyright Act (1976)
Protects literary and artistic works.
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Fair Use Doctrine
Allows limited use of copyrighted material under specific conditions.
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Consideration
Something of value exchanged in a contract.
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Promissory Estoppel
Legal doctrine enforcing promises without consideration if a clear promise was made and the promisee reasonably relied on it.
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Employment at Will
Employers can fire employees for any reason, except under certain exceptions.
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Fair Labor Standards Act (FLSA)
Establishes minimum wage and overtime pay regulations.
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Title VII of the Civil Rights Act (1964)
Prohibits discrimination in employment based on race, color, national origin, religion, gender, or sexual orientation.
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Real Property
Includes land, buildings, and fixtures.
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Leasehold Estate
Temporary right to possess property.
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Eminent Domain
Government can take private property for public use with compensation.
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UCC (Uniform Commercial Code)
Governs commercial transactions.