ENTREPRENEURSHIP

Detailed explanation-1: -The exclusive rights mean that the holder can prevent others from using the symbol as a symbol for their goods or services. In simple terms, ‘use’ means placing the symbol on goods or packaging or marketing goods and services using the symbol in various ways.

Detailed explanation-2: -Patents. A patent is an exclusive right granted for an invention.

Detailed explanation-3: -Exclusive Rights (1) The trademark owner shall have the exclusive right of designating by the trade mark the goods or services it is granted for, and the exclusive right of using the trademark for such goods or services.

Detailed explanation-4: -A trademark can be any word, phrase, symbol, design, or a combination of these things that identifies your goods or services. It’s how customers recognize you in the marketplace and distinguish you from your competitors. The word “trademark” can refer to both trademarks and service marks.

Detailed explanation-5: -The term trademark refers to a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other products of its kind. A trademark exclusively identifies a product as belonging to a specific company and recognizes the company’s ownership of the brand.