BLaw 210 1st EditionLecture 15 Outline of Last Lecture I. WillsOutline of Current Lecture II. Business Marksa. Trademarksb. Copyrightsc. PatentsCurrent LectureSyllabus amendments: Quiz 3 still on 10/30, Extra Credit Bonus Quiz – points added to exam 2 score, 11/4 Exam 2III. The premise upon which the granting of statutory protection for inventions, designs, and works of art is found in the Federal Constitution; “To promote the Progress of Science and useful arts by securing for limited Times to Authors and Inventors, the exclusive Right to their respective Writings and Discoveries.IV. To paraphrase the foregoing, to encourage individuals to create art and discover new inventions so that ultimately the public will benefit from such activity, the law grants authors and inventors the right to limit who else may copy their works or use their inventions for a limited period of time.V. Trade Secrets: Are protected to encourage the growth of the business by preventing employees and others from disclosing business owner’s confidential information.VI. Patents: An invention is a new creation that is novel and useful. Inventionsare protected by patents. A patent is a statutory right granted by the government to inventors and to others deriving their rights from the inventor, for a fixed period of years, to exclude others from manufacturing, using, selling a patented product, or from utilizing a patented method or process.VII. Trademarks: Protected by the law since they allow an owner (of the trademark) to identify a product or service and to distinguish it from imitations. This would benefit the owner and the public.a. Businesses use 4 marks to identify their products:i. Trademarksii. Service Marksiii. Collective MarksThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.iv. Certification MarksVIII. Copyrights: works created by authors and other artists protected by copyrights.a. A statutory right granted by government to authors to exclude otherpersons from reproducing, distributing, or performing their works.i. Intellectual property Litigationii. Standing in useiii. Statutory and common