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Simple English definitions for legal terms

business-method patent

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A quick definition of business-method patent:

A business-method patent is a type of patent that describes a way of doing business. It gives the person who invented the method the right to stop others from using it for a certain amount of time. This type of patent was not allowed until 1998, but now it is possible to get one if the method is new, useful, and not obvious.

A more thorough explanation:

A business-method patent is a type of patent that describes and claims a series of process steps that, as a whole, constitutes a method of doing business. It is a U.S. patent that was not recognized as being patentable until 1998. The Federal Circuit Court of Appeals held in State Street Bank & Trust Co. v. Signature Fin. Group, Inc. that business methods are subject to the same legal requirements for patentability as any other process or method.

Example: A company invents a new method of conducting online auctions that is faster and more efficient than existing methods. They apply for and receive a business-method patent that gives them the exclusive right to use this method for 20 years from the date of filing. This means that no one else can use this method without the company's permission.

This example illustrates how a business-method patent can protect a company's innovative method of conducting business and give them a competitive advantage in the marketplace.

business-method exception | Business Methods Patent Initiative

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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