How Will a Trademark Derive Value If It Is Unregistered

question 33

Multiple Choice

How will a trademark derive value if it is unregistered?

• A) from a presumption of ownership and validity
• B) from its perceived goodwill,which is subject to remedy by the tort of passing off
• C) from its ability to prove identical trademarks in the case of a challenge
• D) from its creation; it provides broad protection on a geographically national level

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Definitions:

Labor-Hours

The total hours worked by employees, usually in the context of manufacturing or production, that can be used to allocate costs or measure productivity.

Predetermined Overhead Rate

A calculated rate used to apply manufacturing overhead costs to products, based on estimated costs and activity levels before a period begins.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual products or job orders, based on a set formula prior to the start of a period.

Manufacturing Overhead

Indirect costs related to the production process, such as equipment maintenance and factory rent.