NEET BIOLOGY

BIOTECHNOLOGY

BIOTECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If someone invents a product of biotechnology and the product has the symbol after the name, what does the symbol mean?
A
The product contains radium.
B
The product is in a remediation phase.
C
The project was rushed to market and therefore is not recommended for human use.
D
The name of the product is a registered trademark
Explanation: 

Detailed explanation-1: -Federal protection allows companies to use the ® symbol with a trade name to indicate that it has a registered trademark and that no one else can use that name.

Detailed explanation-2: -The symbol lets consumers and competitors know you’re claiming the trademark as yours. You can use “TM” for goods or “SM” for services even if you haven’t filed an application to register your trademark. Once you register your trademark with us, use an ® with the trademark.

Detailed explanation-3: -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.

Detailed explanation-4: -Trademarks protect logos, names and brands.

Detailed explanation-5: -A trademark is generally a word, phrase, symbol, or design, or a combination thereof, that identifies and distinguishes the source of the goods of one party from those of others. A service mark is the same as a trademark, except that it identifies and distinguishes the source of a service rather than goods.

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