BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ protects the name and identifying symbol of a product or company.
A
Patent
B
Copyright
C
Trade Secret
D
Trademark
Explanation: 

Detailed explanation-1: -Trademarks not only help distinguish products within the legal and business systems-but just as significantly-with consumers. They are used to identify and protect words and design elements that identify the source, owner, or developer of a product or service.

Detailed explanation-2: -A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights.

Detailed explanation-3: -The best way to legally protect the name of a product is to trademark it. Trademarks protect names, including the names of products. With a trademark, you can legally protect the name used to identify your product. Trademarking your product name is official confirmation that you legally own it.

Detailed explanation-4: -TM stands for trademark. The TM symbol (often seen in superscript like this: TM) is usually used in connection with an unregistered mark-a term, slogan, logo, or other indicator-to provide notice to potential infringers that common law rights in the mark are claimed.

Detailed explanation-5: -A trademark protects names, short slogans, or logos. A patent protects new inventions, processes, and compositions of matter (such as medicines). Importantly, ideas cannot be patented-your invention must be embodied in a process, machine, or object.

There is 1 question to complete.