Examlex
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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.
Likelihood of Confusion
This refers to a standard used in trademark law to assess whether the similarity between two marks is likely to confuse consumers about the source of the products or services.
Trade Secret
A form of intellectual property comprising confidential information that provides a business with a competitive edge.
Sufficient Value
A concept in contract law that refers to the necessity of both parties exchanging something of value for a contract to be considered valid.
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