BUISENESS MANAGEMENT
LEGAL ISSUES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A right purchased by a sponsor to be the sole provider of a particular type of good or service for a sport and/or event.
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The labor unions that represent the athletes in professional sports.
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Negotiating process in which union leaders and sport organization representatives (owners) engage to determine the terms and working conditions to be provided to athletes.
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An unfair, anti-competitive trade practice in sports or event marketing.
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Detailed explanation-1: -Trademark infringement and unfair competition share the same underlying policies and the same liability principles. The only meaningful difference has to do with remedy. Unfair competition tends to be more flexible than trademark law; it supports limited injunctions that take account of competing policies.
Detailed explanation-2: -In simple words, trademark infringement is the unauthorised usage of a mark that is identical or deceptively similar to a registered trademark. The term deceptively similar here means that when an average consumer looks at the mark, it is likely to confuse him/her of the origin of the goods or services.
Detailed explanation-3: -Trademark infringement is indeed a category that falls under the realm of unfair competition and shares the same liability principles.
Detailed explanation-4: -Comparative Advertising and Trademark Infringement-provides that any advertising which is in accordance with honest practices, and does not cause detriment to the distinctive character or to the repute of the trademark will be permissible and will not constitute infringement.