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Contract Clause & Intellectual Property Drafting Paper

Instructions (Read Carefully):

This is a group assignment, so, I only need you to complete this part of the assignment:

In the event the contract was breached, what might be the best possible remedies for this and why? (250-350 Words)
Cite at least 1 scholarly reference.

The rest of the assignment is not to be completed, but, it is listed below for you to reference if you wish.

Assignment Requirements (Only Complete The Part(s) That Are Indicated In The Instructions Above):

Draft a contract clause regarding the following topic:

Intellectual Property (IP) Clause regarding ownership of IP – Retention of Ownership Clause which basically states that we retain all rights to any products or ideas etc.

Write a paper of 700- to 1,050-words in which you explain the following:

Explain any legal issues regarding your selected clause
How your contract clause can be applied in a business managerial setting for either a personal, real, or IP dispute or an IP property clause regarding either owner of IP or trade secrets.
In the event the contract was breached, what might be the best possible remedies for this and why?

Cite at least 3 scholarly references.

Format your paper consistent with APA guidelines.

Additional Requirements (Read Carefully):

Complete the assignment using your own words with correct spelling, punctuation, and grammar in APA format. No plagiarism.
If you are not using your own words or if you are quoting any information or definitions, make sure to cite the information by using proper APA format citations and donâ€™t forget to include the source of the information as a reference on the references page by using proper APA format.
Read and use the attached PDF, Word, and/or Power Point document(s) that are attached to this question in order to understand the necessary information in order for you to be able to complete the assignment accurately and completely.
Read and use any other files that are attached to this question in order for you to be able to complete the assignment accurately and completely, if applicable. Do not forget to include any other attachments as references and to use citations from them, if applicable.