British Authorities Have Discovered That Some Small Factories Are Producing

question 91

Multiple Choice

British authorities have discovered that some small factories are producing scotch and using labels that look deceptively like the labels on the scotch of the companies that produced that label and scotch.  Which of the following would be the best theory for the owners of the labels to stop the production of the fake scotch?​

• A)There is no theory - knock-offs are a form of legal competition
• B)Trademark infringement
• C)Copyright infringement
• D)Patent infringement

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Definitions:

Receivables Turnover

A financial metric indicating how efficiently a company uses its assets by calculating the number of times average receivables are collected during a given period.

Sales Trend

The examination of sales data over a period of time to identify patterns or trends, which can help in making business forecasts.

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting overheads, payroll, taxation, and interest payments.