Assignment Content
Read the summary of the Wrench LLC v. Taco Bell Corporation case in the "Ethics: Implied-in-Fact Contract Prevents Unjust Result" section of Ch. 9 in Legal Environment of Business. It is suggested that you also research and read the full court opinion, using the summary in the textbook to aid your understanding of the legal issues presented.
Write a 700- to 1,050-word paper using Microsoft Word. Address the following questions:
o What type of intellectual property was at issue in this case? Were these ideas entitled to protection under the law?
o Explain the difference between an implied-in-law (quasi contract) and an implied-in-fact contract. What type of contract was at issue in this case?
o Explain what the parties could have done differently to protect their rights and avoid this dispute.
o Explain how a properly written contract could have been utilized for the licensing and use of the intellectual property to prevent the issue, and provide terms you would recommend be included in such a contract.
o Identify and explain each of the elements that would have been necessary to form a valid contract.
Research an example of an intellectual property court case.
Provide a 4- to 6-sentence summary of the case, key players, and the subsequent ruling.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Taco-Bell.rar