You are purchasing a very popular restaurant named ZOLA’S PLACE. In addition to buying the building and all its contents, you also want to own the rights to the restaurant’s trademark (name), the trade secrets to their recipes, and the copyrights to their television commercials. What type of intellectual property document will you want the current owners of ZOLA’S PLACE to sign? Explain the purpose of the document.
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You are purchasing a very popular restaurant named ZOLA’S PLACE. In addition to buying the building and all its contents, you also want to own the rights to the restaurant’s trademark (name), the trade secrets to their recipes, and the copyrights to their television commercials. What type of intellectual property document will you want the current owners of ZOLA’S PLACE to sign? Explain the purpose of the document.