A Trademark Is

question 104

Multiple Choice

A trademark is:

• A)the part of a brand that can be spoken.
• B)the commercial, legal name under which a company does business.
• C)any word, device (design, sound, shape or colour), or combination of these used to distinguish a seller's goods or services.
• D)the identification that a firm has legally registered its brand name or trade name so the firm has its exclusive use.

---

Definitions:

Loan

A borrowed amount of funds that needs to be returned along with additional interest charges.

Total Cost

The aggregate expenditure on production, covering both unchanging and variable costs.

Mud Statues

Sculptures made from mud, often created as part of traditional crafts or for ceremonial purposes.

Variable Cost

Costs that vary in direct proportion to changes in levels of production or output.