Technology Transfer Agreements

question 50

Multiple Choice

Technology transfer agreements:

• A) protect "distinctive" or "famous" marks from unauthorized uses only when confusion is likely to occur.
• B) permit a company to quickly penetrate a foreign market without incurring the substantial financial and legal risks associated with direct investment.
• C) prevent an intellectual property owner from granting to another the right to use protected technology in return for some form of compensation.
• D) assert that priority of trademark rights in the United States depends upon the priority of use anywhere else in the world.

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Definitions:

Liquidated

Refers to the process of converting assets into cash or using them to pay off liabilities, often in the context of dissolving a business or settling debts.