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LSDefine

Simple English definitions for legal terms

intangible trade property

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A quick definition of intangible trade property:

Intangible trade property refers to a company's valuable ideas, information, and reputation that cannot be physically touched or seen. This includes things like patents, trademarks, and copyrights. Laws protect these intangible assets from being stolen or used unfairly by others.

A more thorough explanation:

Intangible trade property refers to the proprietary information, ideas, goodwill, and other nonphysical commercial assets of an enterprise. It is also known as intangible asset or intangible trade value. Intellectual property is a type of intangible trade property.

For example, a company's brand name, logo, and reputation are all intangible trade properties. These assets are valuable to the company because they help to distinguish it from its competitors and attract customers. Another example is a patent, which is a legal protection for an invention or process that gives the owner exclusive rights to use and sell it.

The law of misappropriation provides some protection against the taking of intangible trade values to compete unfairly with their original owner. This means that if someone steals or copies a company's intangible trade property, the company can take legal action to protect its rights.

intangible thing | intangible trade value

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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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