GNG 4170 Lecture Notes - Lecture 6: Condition Subsequent, Trademark, Damages

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4 main types of intellectual property: copyrights, patents, trade marks, trade secrets. 4 ways a contract can come to an end: performance. When both parties have fulfilled their promises made under the contract, the contract is done (everyone does what they are supposed to: agreement. The parties are coming to an agreement to end the contract. Ongoing contract: e. g. , a supply of materials with no end date, the parties at some point decide to end it. It has to be mutual though and both parties are aware of what this means: practically the contract is gone, but legally there is another little contract to end the other contract. The little contract is that mutual promises have been given to end the other contract. Breaches entitle you to reasonably foreseeable damages: in tort law, tort is committed and court looks for rfd, in contract law, the date the contract is breached is not the date that the court looks for rfd.

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