A Trademark Is a Device Which Can Take Almost Any

question 183

Multiple Choice

A trademark is a device which can take almost any form, as long as it is capable of identifying and distinguishing specific goods or services.Owens-Corning Fiberglas Corporation's trademark is an example of a product that is protected by

• A)combination of letters and designs.
• B)product shape.
• C)picture.
• D)color.
• E)logo.

---

Definitions:

Business Decisions

Choices made by companies based on analysis and strategic considerations to achieve specific objectives.

Capitalist Economy

An economic system where private individuals rather than the state own and control property and businesses.

Centrally Planned Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services, often found in socialist or communist countries.

Government Sets Prices

A situation where the government determines the selling prices of goods and services, often to stabilize the economy or ensure affordability.