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 …
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…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 BUS/415-Business Law Web Site: https://ecampus.phoenix.edu/content/eBookLibrary/content/eReader.h