BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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US Copyright Office
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US Patent Office
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US Trademark Office
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US Trade Secret Office
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Detailed explanation-1: -Patents. A patent is a government-granted monopoly to build, sell, and use your invention (and prevent others from doing so). If you are issued a patent, it’s usually good for 20 years; however, there are some patents that are only good for 14 years.
Detailed explanation-2: -The trademark symbol “TM” is used to indicate a registered mark.
Detailed explanation-3: -In determining whether the use of a copyrighted work is infringement under the fair use doctrine, one factor is the effect of that use on the market for the work. A copy must be exactly the same as an original work to infringe on its copyright. A formula for a chemical compound is not a trade secret.
Detailed explanation-4: -A persons name can be trademarked if it has acquired a secondary meaning. Using a domain name that is similar but not identical to the trademark of another is legal. Dilution occurs when a trademark is used, without permission, in a way that diminishes the distinctive quality of the mark.