BUSINESS LAW
Two Questions – Business Law
Answer each question with at least 200 words, no formatting needed:
1. In the Unit III Lesson, we stated real property or “realty” is land and everything permanently attached to it. That seems like a simple concept. Explain how the idea of mineral rights can impact you as a business person. Include information from our Unit Lesson and your personal experience.
2.In the Unit III Lesson, we explored Article I, Section 8, Clause 8 of the United States Constitution. The creators of intellectual property have some protection. Explain what you view as threats to intellectual property in today’s world economy. What are some examples where intellectual property is threatened? What are some protections in place to give creators of intellectual property some protection?
Answer preview
- Mineral Rights and how they can impact me as a businessperson
Having ownership rights over a piece of real estate guarantees such a person’s air rights and mineral rights (Hilderbrand, 2017). They are free to exploit such rights as they deem fit. Air rights are relatively straight forward, with little controversy regarding entitlements. However, the issue of mineral rights is quite complicated. Mineral…
(600 words)