What is the entire market value rule and discuss when a court might award damages are awarded under this rule.
What will be an ideal response?
The entire market value rule refers to an award of damages based on the entire market value of the product (rather than just the market value of the infringed item in a product with multiple components). Generally, when the item infringed is only one part of a product with multiple components, damages for the entire market value of the product are awarded only when it is shown that the infringed item drives consumer demand for the product or provides the entire value of the product. Otherwise, damages will be apportioned between the patented item and the nonpatented items.
You might also like to view...
A fixed or ________ means that the attorney charges one fee for filing the bankruptcy case and assisting the client through the bankruptcy administration process
A) One-time rate B) Flat rate C) Flat fee D) Single fee
A corporation that owns residential real property, including the individual units therein, and leases the residential units to its corporate shareholders, is a(n):
a. Condominium b. Homeowners association c. Cooperative d. Condominium corporation
Obscene broadcasting is constitutionally protected speech
Indicate whether the statement is true or false
Manufacturers of component parts may be liable for their negligence but manufacturers who fail to use reasonable care in selecting component parts may not be held liable for their negligence.
Answer the following statement true (T) or false (F)