Which of the Following Would NOT Be True of a Trade

question 14

Multiple Choice

Which of the following would NOT be true of a trade name?

• A)applies to a business as a whole
• B)can take the possessive form
• C)is the same as a service mark
• D)is a proper noun
• E)does not require a generic form

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Definitions:

Incidental Beneficiary

An individual or entity that might receive a benefit from a contract between two other parties, despite not being an intended party of the contract.

Intended Beneficiary

A person for whom a contract is specifically made and who has the right to enforce the contract terms against the parties involved.

Donee Beneficiary

A third party who benefits from a contract between two other parties, especially in the context of gifts or estates.

Gratuitous Assignment

An assignment or transfer of rights or property done voluntarily without receiving any value in return.