If you’re a new or established director of a company, a series of statutory duties apply to your appointment as a director.
Getting to grips with how they work is an important step to perform the role to the standard that the law expects.
Get a better understanding of how companies are intended to be governed by directors, and the standards expected of directors when running a company.
Passing off is a little understood intellectual property right.
On a superficial level it protects trade marks, trade dress and reputation of businesses.
Passing off protects businesses does more than that.
Much more.
One of the reasons it does, is that it adapts to apply in the ever-changing business environment to protect the true source of products and services: the business.
Service level agreements – SLAs – fix performance standards for specified services in contracts.
So SLAs are categories of contracts which:
Service level agreements lock in the performance expectations of the customer, in a legally binding agreement.
So a service level is the measure of the standard of performance by which a business must deliver its services to another contracting party.
Client lists, research and development, plans and strategies, pricing models, source code, what customers will pay for a product or service, product testing, and a whole host of other information.
It’s all sensitive information. Businesses can’t function without it. It can all be protected by confidential information.
The same principles apply in commercial, employment and non-employment situations with small differences.
It applies to a wide range of information.
That’s regardless of the media that it is recorded. Or whether it is just kept in people’s heads and never written down.
What’s more, confidential information can protect information before other forms of intellectual property come into existence, or never will.