Two Years of Nonuse Raises a Presumption of Abandonment and Loss

question 41

True/False

Two years of nonuse raises a presumption of abandonment and loss of a federally protected trademark.

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Definitions:

API Gravity

A measure of how heavy or light a petroleum liquid is compared to water, used in the oil industry to classify oils.

Price Per Barrel

The cost for a barrel of commodities such as oil or beer, typically used to measure large quantities.

Least Squares Regression

A statistical method used to determine the best-fitting line through a set of data points by minimizing the sum of the squares of the vertical distances of the points from the line.

Correlation Analysis

The statistical technique used to determine the degree to which two or more quantitative variables are related to one another.