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In contract law, the remedy of taking the profits of another person or company based upon that company’s infringement of your IP rights is called disgorgement.

Gray market goods are different from counterfeited goods because the gray market goods are produced under a legal license.

The Paris Convention allows for the issuance of compulsory license.

The party that obtains a patent from the Patent Office is referred to as the patentor.

A clause in a licensing contract that allows the licensor to terminate the agreement when the licensee fails to satisfy certain obligations under the contract is called:

The European Union provides a sui generis protection for databases that are the result of a substantial investment.

In Russia, the failure to register a licensing agreement with the government invalidates the agreement.

The test for determining the scope of a license when a new use of the licensed products comes in to being is whether the unforeseen use comes within the spirit of the license grant.

A __________________ clause in a licensing contract describes the rights being transferred , along with restrictions, to the licensee:

If the creator and owner of a patent gives consent for someone else to use the patented invention it is implied that the user will pay compensation.