Which of the Following Is a Typical Function of a Trademark

question 16

Multiple Choice

Which of the following is a typical function of a trademark?

• A)It marks the sales territory for which individual salespeople are assigned.
• B)It restrains authors,composers,playwrights,artists,and publishers from trading their creative work.
• C)It signifies that a country is a member of the World Trade Organization.
• D)It acts as a permit to expand a business globally.
• E)It allows merchants or manufacturers to designate and differentiate their products.

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Definitions:

Statement Of Comprehensive Income

A financial statement that displays all changes in equity during a period except those resulting from investments by and distributions to the company’s shareholders.

Other Comprehensive Income

Income that includes all changes in equity from non-owner sources, such as foreign exchange adjustments or unrealized gains/losses on certain investments, not included in net income.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) is represented as a proportion of the total account.

Net Sales

The amount of sales revenue remaining after deducting sales returns, allowances, and discounts.