3 other types of IP:
1. Copyrights 2. Trademarks 3. Trade Secrets
Trade Secrets-as it is usually understood means a secret formula or process not patented, known only to certain individuals who use it in manufacturing some article of trade having commercial value. Itis rarely, if ever, used to denote the mere privacy with which ordinary commercial business is carried on.
Property Right: protection against unauthorized disclosure and if it is disclosed, can receive monetary compensation.
This is the law of torts.