ECONOMICS
PROPERTY RIGHTS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an invention
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a work of art
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logos, names and brands
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a secret formula
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Detailed explanation-1: -A trademark protects the specific, unique name, logo, and symbols pertaining to your products or business brand. Trademark protection may apply to business names, symbols, logos, sounds, and even colors that are emblematic of one specific brand.
Detailed explanation-2: -A trademark typically protects brand names and logos used on goods and services. A copyright protects an original artistic or literary work. A patent protects an invention.
Detailed explanation-3: -Trademarks protect logos, names and brands.
Detailed explanation-4: -Generally, logos and designs that are used as brand identities for representing businesses are protected as trademarks. As they are original artistic works that have an element of creativity, they are also protected as copyrights.
Detailed explanation-5: -Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.