What is a patent? Speaker sets out the requirements to obtain a patent, procedure for obtaining a patent and discusses infringement on same. Trademarks are any word, symbol, phrase, or design that points to origin of goods or services. They are protectable and can be the most difficult decision for a new business. Trademarks are the earliest form of consumer protection law. Speaker discusses infringement on trademarks. There are three ways to compare trademarks - look alike, sound alike, or have same meaning in the English or a foreign language. The practical principle is the closer the goods or services, the further apart the marks must be. Trademarks can be so strong that they become generic as is the case with aspirin and Xerox. Copyright law is discussed, what they do, who has exclusive rights, and who is the copyright owner. The requirements of Work Made for Hire Agreements are discussed. The speaker explains why a copyright is so powerful and ends the presentation with a summary of Patents, Trademarks and Copyrights and the statutes pertaining thereto and jurisdiction.