Intellectual Property Coursework Example | Topics and Well Written Essays - 250 words

Licensed innovation - Coursework Example On the installment of benefits to Raybok in any case, Reedbok has a reason to safeguard itself against the installment since it isn't falsifying the shoes of Raybok with that equivalent name however then delivering the shoes under various name. This is considering the law, which expresses that â€Å"a organization must not utilize an exchange name, exchange mark or potentially geographic sign having a place with another element as its organization name† (In the House Lawyer, 2010). Obviously, the name Reedbok isn't equivalent to Raybok. Customer watchfulness has never been the obligation or duty of proprietors of organizations or copyright holders of names of items. Shoppers are at risk for their own decisions. Consequently if any shopper out of numbness or inconsiderateness declines to basically inspect the shoes and purchases the shoes thinking they are Raybok rather than Reedbok, Reed would not be the one to blame here thus would not be considered responsible to pay any inc ome to Raybok.