Read the following scenario: You are the CEO of Bonner, a U.S.-based farm equipment corporation. Bonner recently announced the release of an innovative new tractor with technology based on a patented invention developed by Bonner’s engineers. Bonner’s vice president, who is aware of the upcoming product offering, bought 100,000 shares of Bonner stock prior to the announcement. You found out about the vice presidents stock purchase on the day of the announcement. One week after the announcement, Bonner received a letter from a German farm equipment corporation, accusing Bonner of patent infringement based on the new tractors technology. Bonner’s board of directors asked you to assess the vice president’s liability for the stock purchase and the company’s options for resolving the German corporation’s patent infringement claim. Prepare 5-7 slides of Microsoft® PowerPoint in which you discuss the following: • Compare the resolution of the patent dispute in a U.S. court with the resolution of the dispute using the World Intellectual Property Organization’s (WIPO) dispute resolution program. Search the internet to review WIPO’s dispute resolution program. (Information about WIPO’s dispute resolution program may be located on their website by searching the Internet for WIPO). • Assess the liability of Bonners vice president for purchasing the corporation’s stock prior to the announcement of the new tractor. • Assess whether Bonner has any legal or ethical duties to disclose the stock purchase, and if so, to whom? • Discuss risk management procedures Bonner can adopt to avoid or reduce situations like these from happening in the future. Also create a 500-word letter in response to the German farm equipment company in which you: • Explain why Bonner is the owner of the invention • Discuss the intellectual property rights owned by Bonner in the invention • Suggest a method of dispute resolution (e.g., arbitration, mediation, litigation, WIPO dispute resolution), why that method would be desirable for resolving the dispute, and how and where the dispute resolution should be held (United States, foreign country, online, etc.).
We often come to here the proverb that life is not bed of roses. It may seem the old and overused statement, but, it really is true. We often judge happiness pleasure in lives by economic prosperity, which does not holds true for all the cases. People may have a lot of money, but, are still unhappy and have forlorn because they feel that money cannot buy everything for them. and in case of lack of prosperity, the life itself became difficult because a person fails to fulfill his dreams and cannot buy or get according to his wishes. People may have experiences that may change affect their whole life and transform them to a completely different one. Such experiences can either make a person a sad loser or transform him to a successful and wise person, these results are dependent on the personality of the person and how he sees his situation o r world. I have listened about and observed a person who with the power of optimism and hopefulness changed his miserable and depressed life into the a shining example for everyone. This narrative is about one of the sons of our maid Zainab, who used to work in our since our childhood. I have not seen anyone so honest and dedicated in her life, as Zainab. When I was toddler, she was a middle aged woman and had two sons and one daughter. With the time she spent I our home and the long time for which she worked, she was considered the most entrusted servant of our house and we use to leave our house in her supervision alone and go for hours, but, never found anything misplaced or stolen. The long detail about Zainab is actually related to her son also. My mom told me that Zainab was not always the same poor and unfortunate women. She herself belonged to an uneducated and mediocre family, but, her husband was a really rich man and against the Arabic traditions, he married Zainab without consultation from his family, that’s why his family stayed away from him forever. Her husband used to work as the successful broker in stock exchange, but, unluckily, he invested in a unsuccessful company hoping that later it will bring more money to him, but his plan failed and he lost all money. This happened after eight years of his marriage with Zainab. A few weeks after that the family was travelling and they got into accident, her husband died on spot her elder son Khalid apparently bruised his legs only. The death of Khalid’s mother came as real loss for the family, with no sources of income and lack of education, unfortunately Zainab had to go to peoples home and work as maid. She used to work her in several homes to feed them. Khalid was seven, when his mother started working as maid. Initially he got really depressed, when he had to see his mother sweeping the floors of others because he himself led the life, where people used to do work for them. Khalid became really quiet after the death of his father and also really sensitive. Being the eldest he realized that he has to take care of his siblings, but, still the difference in lifestyle and daily routine put a lot of pressure on the nerves of the child. He was always a happy and confident child, but, he started having nightmares and never wanted to leave his mother’s side. He used to wonder why all this happened to him and his family.>