1. What really surprised me the most was the requirements needed to obtain a patent. I thought that it was just way too hard to obtain one and the process was way too long. I had no idea about the process of obtaining a patent but I didn't think it would be that hard.
2. The idea of trade secrets is confusing to me. I don't really understand how someone can protect their idea or property with no legal documentation.
3. 1. What is your opinion on the best type of business to run?
2. How do trade secrets protect a companies ideas or property?
4. I disagree with how the author says sole proprietorships have an ease of formation. I don't think sole proprietorships are easy because the one person doing it has to work on their own to do it, unless with assistance of someone who isn't going to be an owner.
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