Assignment Content Read the summary of the Wrench LLC v Taco Bell Corporation case in the Ethics Implied in Fact Contract september 2023

Week 4_ Apply
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: What type of intellectual property was at issue in this case? Were these ideas entitled to protection under the law? 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? Explain what the parties could have done differently to protect their rights and avoid this dispute. 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. Identify and explain each of the elements that would have been necessary to form a valid contract. Submit your assignment.

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