Examlex

Solved

Stableblades,Inc

question 49

Essay

Stableblades,Inc.holds a patent on an inline skate that differs from others on the market in that it has two rows of wheels.These skates are not quite as fast as regular inline skates,but are much more stable and are designed for older persons and persons who skate only occasionally.Mary is a shareholder of Stableblades.Stableblades has been selling this product for several years,and there are no similar products on the market.Twice in the past couple of years,Stableblades threatened litigation over patent infringement,successfully preventing competitors from introducing similar products.Recently,another competitor actually introduced a similar product that Mary believes infringes on Stableblades' patent.Mary has tried to get the board to take action,but they refuse to do so.Mary suspects that some of the board members would like to be elected to the board of the competitor some day,and this is the reason for their inaction.Explain Mary's options in this situation.


Definitions:

Noncompliance Editing

The process of reviewing and correcting documents or data to ensure adherence to established regulations or standards.

Modem

A device that modulates and demodulates analog carrier signals (modulation and demodulation) for encoding and decoding digital information for processing.

Web Browser

A software application used to access and navigate the internet.

Computer

An electronic device for storing and processing data, typically in binary form, according to instructions given to it in a variable program.

Related Questions