BUISENESS MANAGEMENT
LEGAL ISSUES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To avoid trademark infringement.
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To avoid collective bargaining.
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To avoid buying counterfeit ticket to games or events.
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To avoid contracts disputes with players’ associations.
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Detailed explanation-1: -Ticket sales are the lifeblood of nearly every sport organization. Not only do ticket sales generate revenue, outbound sales programs charged with selling tickets aid sport organizations in the development of customer relationships and distribution of marketing materials and messages.
Detailed explanation-2: -A ticket is a voucher that indicates that an individual is entitled to admission to an event or establishment such as a theatre, amusement park, or tourist attraction, or has a right to travel on a vehicle, such as with an airline ticket, bus ticket or train ticket.
Detailed explanation-3: -Benefits of NFT Ticketing Event organizers can control the resale value of tickets from resellers in the secondary ticket market with the help of a smart contract, potentially providing ongoing revenue from royalties for artists, event organizers, and stakeholders. Digital tickets are cheaper to produce, lowering costs.