A Firm That Discriminates Has _______ a Non- Prejudiced Firm

question 134

Multiple Choice

A firm that discriminates has _______ a non- prejudiced firm and _______ .

• A) higher costs than; cannot survive in a competitive industry
• B) lower costs than; drives other firms out of a competitive industry
• C) the same costs as; can successfully maximise profit in a competitive industry
• D) the same costs as; competes most often with imported goods and services

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Definitions:

Generic Meaning

The customary or general meaning attributed to a word or phrase, not protected as a trademark because it refers to the category or class of products or services.

Copyrighted Materials

Works that have been given legal protection, granting the author exclusive rights to use, distribute, and reproduce the material.

Exempt

To be freed or excused from a particular requirement or obligation, often within legal, tax, or regulatory contexts.

Trademark Infringement

The unauthorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services.