Which of the Following Respecting Trade Marks in Canada Is

question 25

Multiple Choice

Which of the following respecting trade marks in Canada is true?

• A)A trade mark will not be registered unless it has actually been in use in Canada.
• B)Registration of a trade mark cannot be based on registration in a foreign country.
• C)If the DUCT Corp. attempts to register "DUCT tape" as a trade mark, it would be refused.
• D)Use of another person's trade mark is not infringement if it is not done for profit.
• E)Both C and D

Identify and understand the characteristics of different business forms including sole proprietorships, partnerships, limited partnerships, corporations, and limited liability companies.

Recognize the tax implications and liability issues associated with various business structures.

Understand the concept of derivative securities and their underlying value basis.

Evaluate the advantages and disadvantages of partnerships.