Which of the Following Is True of Trademarks

question 263

Multiple Choice

Which of the following is true of trademarks?

• A)A successful trademark is one that becomes a generic name for a product, for example, "Xerox" has become a generic term for making photocopies.
• B)A successful trademark is one that allows consumers to immediately identify the source or producer of the product.
• C)If a firm is granted a trademark, then no other firms can legally produce similar products for a given period of time.
• D)If a firm is granted a trademark, then no other firms can legally sell in the same geographic area for a given period of time.

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Definitions:

Social Assistance

Government-provided support to individuals and families in need, aiming to ensure a minimum standard of living through financial aid, food stamps, and other services.

Welfare

governmental support aimed at ensuring the basic physical and material well-being of people in need.

Human Behaviour

The array of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and genetics.

Genetics

The scientific study of heredity and the variation of inherited characteristics among living organisms.