Aunt Juliet Wants to Know Whether or Not to Register

question 50

Multiple Choice

Aunt Juliet wants to know whether or not to register her trademark. Which of the following is true with regard to registration of trademarks?

• A) Registration of the trademark would give her exclusive use of that mark nationwide even if she does not market her wares nationwide.
• B) If she does not register her trademark under the Trademark Act, she will have no legal protection of her mark.
• C) Trademarks can only consist of socially acceptable symbols or logos. Words and expressions must seek copyright protection.
• D) Registration gives her the right to use her mark for her life plus fifty years.
• E) A registered trademark is required for a passing-off action.

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Definitions:

Financing Activities

Transactions involving changes in the size and composition of the equity capital and borrowings of the entity.

Investing Activities

include transactions involving the purchase or sale of long-term assets and investments that are not part of the company’s day-to-day business operations.

Cash Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings in cash.

Operating Activities

Transactions and events that affect the net income of a business, reflected in its cash flow from operations and including everyday functions like selling products and paying wages.