Examlex
Hearty Meat Sandwiches is a large-sized chain of hamburger and sandwich shops.Although they have been operating in western Canada for 10 years,they had never managed to crack the Quebec market.A few years ago,on the advice of their lawyer,they had registered several trademarks,including their name,their logo (a cartoon heart shape between two pieces of bread),and their slogan "Smarties eat at Hearty's." When Hearty's opened their first Quebec store in Montreal last year,they ran a huge advertising campaign,including bilingual radio spots and ads on television.??When opening day arrived,they were surprised that the number of new customers they managed to attract was far less than in other,smaller towns.Only later did they discover that Montrealers appeared to be flocking to another hamburger joint in town,Hardy's Burgers,owned and operated since 1997 by Jacob Hardy.Needless to say,the owners of Hearty's are miffed.They admit that they probably should have done better research before the opening,but still think it's unfair that their ads are working to their competitor's benefit.They have come to you for advice regarding any recourse relating to their trademark.Advise them of any action they may wish to pursue,remedies they may seek,and the benefits and detriments of pursuing their case.
Inflation Rate
The rate at which prices for a wide range of goods and services go up, causing a decline in how much can be bought with the same amount of money.
Teddy Bears
Soft, plush toys in the form of bears, often given as a comfort object for children and as gifts of affection for holidays or special occasions.
Producer Price Index
An economic indicator that measures the average changes in prices received by domestic producers for their output, which is a signal of future consumer price movements.
Basket of Goods
A selected set of products and services used to track inflation and the cost of living through tools like the Consumer Price Index.
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