Which of the Following Is an Example of a Trademark

question 25

Multiple Choice

Which of the following is an example of a trademark licensing agreement?

• A) a China-based consumer electronic company that has invented a flexible casing for its MP3 players
• B) a Thailand-based pharmaceutical company that receives manufacturing knowledge from a U.S-based pharmaceutical
• C) a tee shirt manufacturer in Bangladesh making shirts with the Harley Davidson logo
• D) a U.S.-based clothing company that opens a factory in Vietnam and Cambodia to utilize low-labor costs

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Definitions:

Selling Price

The amount a buyer pays to purchase a product or service.

Automotive Wrecking Yard

A business specializing in dismantling wrecked or decommissioned vehicles for the purpose of selling their parts.

Chain Hoist

A device used for lifting heavy loads by means of a chain, operated manually or electrically.

Markup Percent

The ratio by which the cost of a product is increased to arrive at its selling price, expressed as a percentage of the cost.