COMPUTER ETHICS AND SECURITY
INTELLECTUAL PROPERTY RIGHTS AND PRIVACY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What happens after trademarks are registered?
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No one else can use that trademark for those products.
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The business makes a lot of money.
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Other businesses can still use that trademark for their products.
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The business gets new customers.
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Explanation:
Detailed explanation-1: -A registered trademark gives exclusive identity to one’s business and also safeguards their brand reputation. A trademark after registration can be used for 10 years before its renewal and hence, as long as the owner keeps renewing it on time, it can be used as long as the business of the trademark owner is alive.
Detailed explanation-2: -Failure to use the trademark can result in its cancellation and abandonment. Non-use is a reason for removing a mark from the register, according to Section 47 of the Trade Marks Act, 1999.
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