If You Were to Make the Following Applications for a Trade

question 39

Multiple Choice

If you were to make the following applications for a trade mark today, which of them would be refused?

• A)An "M" in the shape of two large golden arches.
• B)"Cold Relief", for a cold remedy
• C)"Jean Chretien" tires
• D)Both A and B
• E)All of the above

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Definitions:

Debit

A financial record that elevates an asset or expense account, or lessens a liability or equity account.

Double-entry Accounting

An accounting method where every financial transaction results in equal and opposite effects in at least two different accounts.

Ledger

A book or collection of financial accounts where all transaction records are summarized and recorded.

Journal

A book or digital record where all financial transactions are initially recorded in chronological order before being posted to accounts in the ledger.