Contract Law Courses and Training Program Information - Datalawonline.co.uk
In the modern commercial environment, ownership of intellectual property rights is the starting point for exploitation. Contract law plays a central and integral Employment law courses online part of the managed exploitation of intellectual property rights, in distribution and agency arrangements. It is the property rights granted in those legally binding contracts that give value to the transaction; contract law is the device used to properly manage those rights. Intellectual property rights are by their nature restrictive rights. Rights owners are granted the power to prevent third parties using their intellectual property without their consent. When it comes time for materials in which IP rights subsist to be exploited, it is the law of contract that is called upon to do permit to use the materials, subject to the conditions of contract. Contract Law: A contract is simply a legally binding agreement. Parties to contract are at liberty to agree to what may take th...