Week 9 Reading Reflection

1)    What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

Would stood out to me from the reading was the whole section on trade secrets. It was interesting to read about the types of trademark protection on the internet, business advantages, and learned about the steps to protect secrets. 

2)    Identify at least one part of the reading that was confusing to you.

What was confusing to me was the section on the advantages and disadvantages of partnerships. Terms used like “ease of formation” and “relative difficulty obtaining large sums of capital” are not defined very well.

3)    If you were able to ask two questions to the author, what would you ask? Why?

Question one: Could a more detailed comparison of S corporations and B corporations and L3C’s be spoken about?

Question two: Why is bankruptcy an option for debtors and creditors when it is so important to have payments be made?

4)    Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I had some disagreements with the four basic rules entrepreneurs should remember when trying to secure a patent. Also, more questioning towards when a patent should be declared invalid since the author is going off assumptions sometimes.