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Ch 22: WEST Business & Marketing Education: Property Law

About This Chapter

Brush up on the basics of property law in preparation for the WEST Business & Marketing Education test. You can use the video lessons and quizzes in this chapter to review the differences between real property and personal property, as well as read about eminent domain and intellectual property protection.

WEST Business & Marketing Education: Property Law - Chapter Summary

The videos in this chapter can help you prepare for questions on property laws, trademark infringement and property transfers on the WEST Business & Marketing Education exam. These short lessons contain examples and definitions of:

  • Real vs. personal property
  • Ownership
  • Estates
  • Voluntary and involuntary property transfers
  • Intellectual property laws
  • Trademarks, patents and copyrights
  • Patent protection and trade secrets

These videos are taught by experienced instructors who use fun graphics and real-world examples to present their key points. There are also text transcripts that provide an easy way for you to review vocabulary terms. You can test your comprehension through the multiple-choice quizzes at the end of each lesson.

WEST Business & Marketing Education: Property Law Objectives

This exam is designed to assess the knowledge and teaching skills of prospective business and marketing teachers in Washington State. It is a two-hour-and-30-minute long, computer-based test that includes 110 multiple-choice questions. The topics in this property law chapter may be covered within two different content areas of the test.

The Business Management and Law content domain makes up about 17% of the test and may include questions on property laws that relate to operating a business, patents and copyrights. The Entrepreneurship and Marketing domain area makes up 22% of the test questions; you may encounter questions on intellectual property in this section. You can prepare for these questions through our videos that provide case studies and definitions of property-related laws.

10 Lessons in Chapter 22: WEST Business & Marketing Education: Property Law
Test your knowledge with a 30-question chapter practice test
Real Property and Personal Property: Definition and Differences

1. Real Property and Personal Property: Definition and Differences

Much of business law deals with property. There are actually two different types of property: personal property and real property. This lesson explains the differences between these two types of property.

Extent of Ownership and Real Property: Air, Surface & Subsurface

2. Extent of Ownership and Real Property: Air, Surface & Subsurface

When you buy real property, you gain several different kinds of rights. You'll likely own a bundle of rights that includes more than just the surface area of the land. This lesson explains air, surface, and subsurface rights.

Interest in Real Property: Types of Estates

3. Interest in Real Property: Types of Estates

There are several different ways a party can own an interest in real property. There are possessory types of interests and non-possessory types of interests. This lesson explains the main types of real property ownership.

What is Voluntary Property Transfer? - Defining Title by Deed

4. What is Voluntary Property Transfer? - Defining Title by Deed

A conveyance happens when a property owner transfers property to a new owner. This is known as a voluntary property transfer, or title by deed. This lesson explains voluntary property transfers and title by deed.

Involuntary Property Transfer Case Study: Condemnation & Eminent Domain

5. Involuntary Property Transfer Case Study: Condemnation & Eminent Domain

Sometimes title to property transfers from one party to another without one party's consent. This is known as an involuntary property transfer. One type of involuntary property transfer is known as condemnation. The federal government has the power to condemn properties through its power of eminent domain. This lesson looks at a fairly recent Supreme Court case involving condemnation through eminent domain.

What is Intellectual Property Law? - Definition and Rights

6. What is Intellectual Property Law? - Definition and Rights

Intellectual property is a broad term that applies to many different types of original creations. Businesses use intellectual property law to protect innovative and marketable works created in someone's mind. This lesson explains this special type of property law.

Trademark Infringement: Laws and Penalties

7. Trademark Infringement: Laws and Penalties

Trademark infringement occurs when someone uses another's trademark without permission from that trademark's owner. There are various state and federal laws that protect trademarks. This lesson explains trademark infringement and the laws that cover trademark infringement.

Patent Infringements: Definition and Cases

8. Patent Infringements: Definition and Cases

Patent infringement is a complicated civil cause of action. There are many, various components to patent infringement. Generally, it's the use of a patented object without the patent owner's permission. This lesson explains patent infringement.

What is Copyright Infringement? - Understanding Copyright Law

9. What is Copyright Infringement? - Understanding Copyright Law

Copyright is a type of intellectual property right that protects certain original works. Copyright laws work to provide authors with exclusive rights to their works. Any unauthorized use could amount to copyright infringement. This lesson explains copyright law and copyright infringement.

Trade Secrets and Patent Protection: Protecting Intellectual Property

10. Trade Secrets and Patent Protection: Protecting Intellectual Property

A business must decide how to best protect its intellectual property. Sometimes that decision comes down to deciding between using trade secret or patent protection. This lesson explains the key differences between these two intellectual property protections.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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