Bug, Inc. should look into the following legal protections for its intellectual property. The federal laws provide protection for intellectual property rights like trade secrets which can be products, formulas, patterns, designs and or compilations of data, customer list or other business secrets (Cheeseman, 2004). If Bug, Inc. has a trade secret the Uniform trade secret act would give statutory protection to their secrets. Patents were invented to protect inventors when making their inventions public and to protect patent inventions from infringement (Cheeseman, 2004).
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