Patent law is intended to give a temporary monopoly to the inventor to make and sell his invention. The period of the patent is limited but it keeps others from making, using, selling or importing the product. It is a license that can be sold, assigned or transferred. A patent is only good in the country where it is issued so patents must be obtained in all desired countries.

A patent is for a specific length of time. It is usually twenty years. When a patent reaches its expiration date the use of the invention is open to all interested parties. Annual renewal fees are to be paid each year during the term of the patent.

Share This

The Volstead act or (Prohibition act) took effect in 1920, in several states across America laws were already in place to try and stop the consumption of alcohol, these laws were in effect before the 18th Amendment (Volstead act, Prohibition act) was passed before congress.

New York was the 1st state to have any such laws passed in the year 1697. This law simply stated that all saloons and drinking establishments must close on a Sunday as a Sunday is revered as a day of rest and prayer and not drinking. Then in 1735, the government introduced its 1st state wide ban on alcohol in the state of Georgia which absolutely failed and only lasted 7 years until 1742.

Share This

On March 9, Bulgarian Parliament allowed foreign citizens to buy land in Bulgaria. Now foreigners and foreign legal persons may acquire land, plots, forests, forest stock land tracks and agricultural land. This law also regards the adjoining land of apartments, flats, houses, etc. Now it can be bought as easily as the building itself.

Foreigners, who are not permanently resident in Bulgaria will be able to own land for a second home after the expiry of the terms set in Bulgaria’s EU accession treaty.

Share This