Which of the Following Statements Is True of Trademarks

question 15

Multiple Choice

Which of the following statements is true of trademarks?

• A)Trademark rights are effective from the date of registration.
• B)Rights to trademarks are also given to generic product names.
• C)Trademark protection must be renewed every year.
• D)Rights to trademarks last as long as the mark is used.

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Definitions:

Mislaid Property

Items that the owner has intentionally placed somewhere but then forgotten, differentiating from lost or abandoned property.

Abandoned Property

Property that has been discarded by its owner, who has given up all right, title, and interest in it.

Valid Gift

A gift that meets all legal requirements to be considered legally effective, typically involving a clear intention to give, acceptance by the recipient, and delivery of the gift.

Delivery

The process of transferring goods from one party to another, completing the sale or fulfilling a term in a contract.