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Bug Inc should look into the following legal protections for its intellectual property The federal laws provide protection for intellectual property rights like trade secrets which can be products formulas patterns designs and or compilations of data customer list or other business secrets Cheeseman 2004 If Bug Inc has a trade secret the Uniform trade secret act would give statutory protection to their secrets Patents were invented to protect inventors when making their inventions public and to protect patent inventions from infringement Cheeseman 2004 Therefore the deigns that Bug Inc created for their electronic recording devices should have a patent to protect their product from being exploited Trademarks protect the owners investments and goodwill in a mark and it prevents consumers from being confused as to the origin of goods and services Cheeseman 2004 Authenticity would be established to all of their recording devices if a trade mark was implemented on behave of the product make-up After reviewing the actions that both Wiretap Inc and their employee Steve engaged in by deceiving Bug Inc into thinking Steve was a legit employee when in reality he was sent their to steal valuable information about their company without the permission of Bug Inc If caught both Wiretap and Steve could be charged of intentional misrepresentation better know as fraud along with all the protections acts that go along with the companys patents and trade secrets and if any violations against their trade marks On top of all of this they also can be charged with punitive damages to hopefully discourage the defendant from similar actions in the future This could result in millions of civil liability charges and the possibility of both the employer and the employee being convicted of criminal charges as well Reference University of Phoenix Ed 2005 Business Law University of Phoenix Custom Edition e-text Prentice-Hall Publishing Retrieved August 25 2005 from University of Phoenix Resource BUS415-Business Law Web Site httpsecampusphoenixeducontenteBookLibrarycontenteReaderh
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