Jerry Margulis Makes Knockoffs of Prada Handbags

question 43

Multiple Choice

Jerry Margulis makes knockoffs of Prada handbags. He calls them Preda, and that name appears on the product, but otherwise they look a lot like the original. Whereas Prada might typically sell for $300, a Preda seels for $40. A Preda is definitely of inferior quality compared to a Prada. Jerry sells his handbags to discount houses and other stores that do not carry Prada knock-off that looks like one. Prada learns of this activity, and sues Jerry for trade mark infringement. Which of the following is true?

• A)This is not trade mark infringement because purchasers are not fooled into believing that a Preda is a Prada. On the contrary, they know that it's not.
• B)Jerry is trading on the goodwill that Prada has built up, and that is actionable.
• C)Jerry may not be trying to fool the public, but purchasers of a Preda presumably are.
• D)The sale of low quality knock-offs harms Prada's reputation for high quality goods.
• E)B, C, and D

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Definitions:

Standard Deviations

Measures of how spread out the numbers in a dataset are, indicating the degree of variation from the mean.

Observations

Individual data points or measurements collected during an experiment or survey.

Negatively Skewed

A distribution shape where the tail is longer on the left side of the distribution's peak, indicating that the bulk of the values are towards the right.

Histogram

A type of bar chart that illustrates the distribution of a continuous dataset by dividing it into intervals or bins and showing the frequency or number of data points in each bin.