Analyze these questions related to different forms of intellectual property and respond carefully:
1.Give an example of the application of each of the various forms of intellectual property protections which may apply to the band named The Sporks. For example, do you think that the band may have trade secret protection for its confidential marketing and sales plans? How would you place a value on each of the following in this situation: a patent, a copyright, a trademark, and a trade secret?
2.Do you think it is better to patent an idea or keep it as a trade secret? What do you think the pros and cons are to each form of protection? What happens if the trade secrets are unintentionally disclosed to the public or independently developed by someone else?
