Don One Decides to Use His Personal Name for a Line

question 54

Multiple Choice

Don One decides to use his personal name for a line of clothing he is developing. In this circumstance, Don One will receive trademark protection under the law when

• A) Don begins to market his line of clothing.
• B) customers begin to associate the name with the source of the product.
• C) Don begins to make his line of clothing.
• D) Don registers with the relevant trademark office.

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Definitions:

Proprietorship

A business structure owned by a single individual, where the owner is personally responsible for the business's debts and liabilities.

Withdrawal

Removing funds from an account, or the act of taking money out from a partnership or investment, often referring to the distribution of assets to owners or partners.

Unearned Revenue

Money received by an individual or company for a service or product yet to be provided or delivered.

Drawing

Withdrawals of cash or other assets from a business by the owner for personal use, affecting the owner's equity.