Sunday, February 7, 2016

Week 5 Reading Reflection

Week 5 Reading Reflection- Ch 9

1.     I was most surprised over section about protecting ideas and the fact the the Copyright Act excludes copyright protection of an idea.
2.     I was confused on the part about trade secrets and how trade secrets differ from patents, copyrights and trademarks.
3.     If I could ask the author two questions it would be, “What other resources do you recommend to learn more about legal forms?” and “ What specific legal forms are available for entrepreneurs structuring their ventures for sole partnership?”

4.     I think that the author is wrong when he said that partnerships have the disadvantage of relative difficulty obtaining large sums of capital. Although this can be the case sometimes, I don’t think it is a valid disadvantage.  

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