widget gadget contained parts owned B u s i n e s s F i n a n c e
Applying Legal Concepts is a three-part activity.
In Part 1 (this activity), you will research the meaning of the words and then define the terms. Part 1 will be submitted once the terms are defined.
In Part 2, you will use the defined legal terms of Part 1 for this activity to complete a second chart analyzing the application of the terms to the case studies.
In Part 3, you will participate in a discussion with your classmates where you post your reasoning and analysis of one Mini-Case Study.
Part 1: Module 1.4 Legal Terms to Research
Using the following site https:// class=”screenreader-only”> (Links to an external site.), or your online Textbook Saylor, or the Internet research and define the following legal terms, relevant cases, and issues. Include the elements required to apply the terms to a case. Be sure to complete each column and row in the Chart.
Download Applying Legal Concepts Part1 (DOCX), complete, and upload the document.
The Legal Terms will be applied in upcoming activities in this Module, so it would be wise to complete Part 1 first.
Applying Legal Concepts is a two-part activity. Part 2 requires the application of the legal concepts you defined in Activity 1.4.
To complete this activity:
- Read the provided mini-cases carefully.
- Research and define the legal concepts list.
- Analyze the facts of each mini-case using the legal terms and concepts and answer the questions associated with each case study.
- Determine which terms apply to individual cases and why.
- Fill in the with your research and answers.
- Save your documents using a naming convention that includes your first and last name and the activity number (1.5). Do not add punctuation or special characters.
- Submit your assignment.
- XYA Corporation discovered that ZZZ Inc., a competitor, is producing a new widget gadget. XYA believed that the widget gadget contained parts owned by XYA under their patent. XYA filed a lawsuit in Federal Court asking for expedited review to determine whether an injunction should be issued against ZZZ to stop the imminent escalation of production. As a part of the preliminary hearing in Federal court, XYA asked the court to allow it to obtain a copy of the official gadget blueprint specifications to determine if the case should continue. Under what procedure would XYA be permitted to receive the plans?
- Suzy Que resides in North Carolina, a state that supplies the majority of vape chemicals used in the new smoking pipes. Suzy sued the company, VapAttack Inc., which is the manufacturer and supplier of the chemicals. Suzy sued VapAttack Inc. in federal court in the county in which she resides. Suzy lives in the same county were the majority of tobacco growers are located. VapAttack Inc. filed a motion with the court for a Change of Venue asking the court to change the location of the lawsuit to the county where its headquarters resides. Under what court procedure is the motion filed by VapAttack Inc. likely to be brought? What potential grounds for removal would the court review in deciding?
- Jake Salesman is a sales manager at Wegotit, Inc.. The company SVP provided Jake and other team leaders a copy of the company’s new sales forecast for the fourth quarter. The SVP distributed information related to the third-quarter results to the team leaders. The company performance was well below the profitable goals set by the president of the company. The target goals will keep the company liquid for the rest of the year if met. Because of the third quarter’s results, the company faced massive layoffs unless the team doubled its efforts by the end of the fourth quarter. The SVP interpreted the President of the company’s message as meaning they had to do everything possible to regain the market share. The SVP indicated to the team leaders that they were personally responsible for the survival of the company. The highlight of his presentation came when he told everyone in the room that they were to recover the market share “by any means necessary.” The president said that that they should leave no stone unturned and let no rule stand in their way. Jake set up a meeting with his team to go over the individual quotas for which his members were responsible. Before the meeting with the SVP ended, the SVP indicated that he wanted every team leader to repeat his call to duty to reach the goals. If Jake Salesman follows the SVP’s directives, what else should Jake consider discussing with his team during this meeting, and why? What legal issues could potentially create a problem if the team took the phrase “by any means necessary, literally?”