Explain Important information about intellectual property
Please provide answer for the following scenario:
You are starting a corporation that sells pet treadmills. Initial market research shows a potential for high demand in affluent areas and cities with severe weather. You also foresee a lucrative international market, which you can tap through a web site on the Internet. You plan to use traditional marketing and sales methods as well as e-commerce. Before you can go forward, you must resolve the following:
-What type of e-business issues may arise concerning intellectual property when conducting business on the Internet and internationally?
-What privacy and security issues should you be concerned about when conducting business on the Internet? What laws are available for your protection and/or that you must comply with?
-When there is a conflict of laws concerning international business, what law is followed? Why? Give two examples
