In Order to Obtain a Domain Name,one Must

question 26

Multiple Choice

In order to obtain a domain name,one must:

• A) obtain clearance that the name is not confusingly similar to another name,and pay the appropriate fee
• B) apply for the name and,if within the waiting period,there are no objections to the applicant taking the name,pay the appropriate fee
• C) verify that the name is not already taken,directly notify parties who might object to obtain their waiver of objection,and pay the appropriate fee
• D) verify that the name is not already taken and pay the appropriate fee or,if already taken,negotiate to purchase the name from its current owner
• E) apply for the name,state the purpose for which the name will be used,and if the use is approved,pay the appropriate fee

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Definitions:

Franchise System

A method of doing business whereby a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and often a percentage of the franchisee's revenue.

Franchise Relationship Model (FRM)

A business model where a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

Best Efforts

A commitment to exert the utmost effort to achieve a specified objective within the constraints of the situation, without guaranteeing the outcome.

Franchise Marketing

A strategy for promoting and selling franchise opportunities to potential franchisees, expanding the brand's reach.