Woddington Farms Ltd

question 17

Multiple Choice

Woddington Farms Ltd.has used its name combined with an outline of a rooster on its deli products for the past 20 years but has never registered a trademark.Would Woddington be successful in suing a competitor who attempts to use its name and symbol?

• A) no,because its trademark was not registered
• B) no,because its name and symbol cannot be the subject of a trademark
• C) yes,because an unregistered trademark receives protection under the common law
• D) yes,because the name and symbol are confidential information

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Definitions:

Dividends

Payments made out of a company's earnings to its shareholders, based on the number of shares held.

Trading Securities

Trading securities are investments in debt or equity that a company plans to actively buy and sell to generate profit from short-term fluctuations in their prices.

Held To Maturity

An accounting classification for debt securities that a company intends and is able to hold until they mature.

Accrued Interest

Interest that has been incurred but not yet paid over a specified period, typically relating to bonds or loans.