Examlex
Explain why a firm may hire managers to operate outlets near the firm's headquarters,but may sell franchise rights for the outlets located greater distances from the headquarters.(With a franchise,the firm sells a brand name and a method of doing business to someone who then owns and operates the outlet.)
Federal Registration
The process by which a business or product is registered with a federal government agency, often to gain legal protection or permission to operate.
Trademark Protection
Legal rights granted to a trademark owner to use and protect a unique symbol, word, or phrase that distinguishes their products or services.
Non-Use
Non-Use pertains to the failure to utilize something, such as a trademark, which can affect legal rights or status.
Willfully Infringed
The act of intentionally violating another's rights or property, especially in the context of intellectual property law.
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