Week 5: Reading Reflection (Chapter 9)

1). The biggest surprise for me was how much information this chapter covered that is essential in any business. Learning about types of corporations, intellectual property, bankruptcy, legal expenses, etc. are extremely important when entering into a business or starting your own, so it would awesome to see a condensed version of everything all together. It also stood out that it all linked together and tied in each concept.  

2). The most confusing part to me was the four types of ways that a trademark may be invalidated. With terms that are uncommon in everyday life, it is a little harder to understand exactly what differentiates the four types. I get the general concept of invalidating a patent, but I have a little trouble distinguishing the four types from one another.

3). My first question would be when/why he decided to include cyberlaw? It is an emerging body of law, but because it is so new, I am curious why he decided to include it before it is a big topic. My second question would be why to only include certain forms of partnerships and corporations and not others? Obviously there are many types of businesses, but I would be interested to know why he picked those in particular.

4). There was nothing in this chapter that I disagreed with. Although I may have reorganized the chapter slightly to make it flow a little more naturally from intellectual property to types of business, and then legal challenges, that was more an organizational difference of opinion. Overall, I thought this chapter was a great overview of many important topics.