D080 Globalization WGU Unit 3, 5, 6
WIPO
an organization established by UN focused on developing a global IP infrastructure, building
international respect for IP, and implementing global policy related to IP
TRIPS
WTO agreement that covers all intellectual property law
common law & UCC
two primary sources of law govern contracts in US
UCC Article 2
has rules governing the obligations of parties, specifically to the offer, acceptance, and
performance of sales contracts and so on.
unfair contract terms, and the other involves rules for merchants
GDPR (General Data Protection Regulation)
2016
passed by EU
any company, no matter where it is located, must follow the provisions
must notify breach within 72 hours
users are required to opt in to grant permission
forward contract
custom agreement between parties to pay a specific rate at the beginning of the contract for
delivery at a future date
futures contract

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