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LAW 531
Property Rights, Cybercrime, and Cyber Piracy’s Impact on
Domestic and Foreign Business Heriberto Ramirez
LAW/ 531
November 2, 2017
Professor Gregory Henderson
, 2
Property Rights, Cybercrime, and Cyber Piracy’s Impact on Domestic and Foreign Business
Businesses today have expanded with the onset of technology being a major contributing
factor for companies to operate successfully. Corporations have established operations both
domestically and internationally while developing these businesses with a closer observation of
local and international laws. Managers are faced with challenges in recognizing intellectual,
personal, and real property with sound decision making being based on managers understanding
of property rights. To add to the difficulties, cybercrime, cyber piracy, and the impact of
operating both domestically and internationally provide unique encounters. This article will
analyze a scenario where the board of directors at this author’s place of work will be examining
the possibility of expanding the business domestically and internationally.
Actions Managers take to protect the Tangible Property Rights
Managers at PKL Services take many actions to identify and protect the tangible
property rights of their business. “Tangible personal property includes equipment, vehicles,
furniture, computers, clothing, jewelry, and the like. Intangible personal property includes
securities, patents, trademarks, and copyrights” (Cheeseman, 2016, p. 291). Since this author’s
place of work involves aircraft servicing, many of the tools utilized to perform the servicing
include inventories before beginning any work on the aircraft. These tool inventories prevent
foreign object debris (FOD) from entering engine areas that may cause aviation catastrophes.
These tool inventories involve tangible properties, both real and personal property. These
inventories are
LAW 531
Property Rights, Cybercrime, and Cyber Piracy’s Impact on
Domestic and Foreign Business Heriberto Ramirez
LAW/ 531
November 2, 2017
Professor Gregory Henderson
, 2
Property Rights, Cybercrime, and Cyber Piracy’s Impact on Domestic and Foreign Business
Businesses today have expanded with the onset of technology being a major contributing
factor for companies to operate successfully. Corporations have established operations both
domestically and internationally while developing these businesses with a closer observation of
local and international laws. Managers are faced with challenges in recognizing intellectual,
personal, and real property with sound decision making being based on managers understanding
of property rights. To add to the difficulties, cybercrime, cyber piracy, and the impact of
operating both domestically and internationally provide unique encounters. This article will
analyze a scenario where the board of directors at this author’s place of work will be examining
the possibility of expanding the business domestically and internationally.
Actions Managers take to protect the Tangible Property Rights
Managers at PKL Services take many actions to identify and protect the tangible
property rights of their business. “Tangible personal property includes equipment, vehicles,
furniture, computers, clothing, jewelry, and the like. Intangible personal property includes
securities, patents, trademarks, and copyrights” (Cheeseman, 2016, p. 291). Since this author’s
place of work involves aircraft servicing, many of the tools utilized to perform the servicing
include inventories before beginning any work on the aircraft. These tool inventories prevent
foreign object debris (FOD) from entering engine areas that may cause aviation catastrophes.
These tool inventories involve tangible properties, both real and personal property. These
inventories are
