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Essay heading: UCITA
 
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Issue: Business
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Date added: October 15, 2001
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No of pages / words: 2 / 438
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Copy right and patent licenses are sometimes described as public goods because they can be sold numerous times without diminishing the source. The licensee can reproduce the licensed work with relative ease, and the product does not have an inherent life span. UCITA was initially proposed as an amendment to the Uniform Commercial Code, which is co-authored by the National Conference of Commissioners on Uniform State Laws and the American Law Institute...
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That project eventually ended when the American Law Institute walked out, after repeatedly calling for fundamental revisions over a three year period. The main reason for a separate and distinct uniform act was because the drafters were mainly publishers or publisher's lawyers, so it would give them more power...
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