King_Fisher - 10:33 pm on Feb 17, 2007 (gmt 0) Hope this helps! King Fisher.
Weighing in from another angle. Back in the early 80s. I was running
a brick and mortar business. Decided to computerize and bought a
system called "Basic/4", now out of business. In those days the only business application you could buy was accounting. So had to track down a programmer that could do basic/dos. We did an agreement on a
hand shake and the agreed upon price was $13,000.00 for this he did
all the other programs I needed. Inventory,payroll, costing, sales history. commissions etc,etc. He did an excellent job and stayed
around to fix all the bugs. So far so good. Fast forward to three
years later. Had a chance to sell the program to a fellow retailer
in St. Louis and recoup some of my cost. Called up the programmer to
change a couple of things that the buyer desired. Made the mistake
of telling him about the impending sale. He told me that the program
was not mine to sell, it belong to him ie; "intellectual property"
Say what! Never heard of it! Well the upshot of it all was we went to court. Real court as the disputed amount was larger than the $ 2,000. top amount in small claims. Judge ruled in his favor, up
holding the intellectual property argument. To make a long story short
I killed the sale and marked it up to my on going education in life.
Hope this helps! King Fisher.