4. Intellectual Property (IP Law)

Intellectual Property (IP) Law protects creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images. It grants legal rights to creators and businesses to safeguard their intellectual assets from unauthorized use. IP law is divided into several key areas:

  1. Copyright – Protects original works like books, music, films, and software.

  2. Trademarks – Protects brand names, logos, and slogans.

  3. Patents – Grants exclusive rights to inventors for new inventions.

  4. Trade Secrets – Protects confidential business information like formulas and strategies.

IP law ensures that creators and businesses benefit from their innovations while promoting creativity, fair competition, and economic growth.


Reference

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