Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to protect your intellectual property [title] Know the three types of intellectual property. [step] There are three different types of intellectual property that you and your business may have created. Each can be protected under the law, but there are different categories for each one.

Ending1: A shortcut to remember the differences between the three is that a patent protects the invention, the copyright protects the artistic expression of the invention, and the trademark protects the brand name. [substeps] If you have invented an item or system that is new, useful, original, or ornamental, then you may be able to patent it. Ending2: [substeps] Trade secrets are the only kinds of intellectual property that you and your team can sell. Goodwill is the only type of intellectual property which you can earn without investment. Ending3: Realize the following basic categories : [substeps] Intellectual property. This is non-exempt from federal and state laws. Ending4: To protect intellectual property, you must be licensed, insured, and have information about how this performance impacts you and those involved. [substeps] Private intellectual property is allowed only if there are only two parties involved, or if the business isn't trademarked.

Answer format: ending1/ending2/ending3/ending4