What Is the Difference Between a Patent and a Trademark

question 39

Multiple Choice

What is the difference between a patent and a trademark?

• A) A patent gives a company more protection than a trademark.
• B) A trademark is more valuable than a patent.
• C) Trademark protection lasts longer than patent protection.
• D) A trademark protects a specific brand name,while a patent protects a basic product idea.
• E) None of these is correct.

---

Definitions:

FICA-OASDI

The Federal Insurance Contributions Act, also known as Old Age, Survivors, and Disability Insurance, is a payroll tax which finances Social Security and Medicare programs within the United States.

SUTA

State Unemployment Tax Act, which requires employers to contribute to the state unemployment insurance program.

Form 940

A form utilized by employers to declare their yearly tax under the Federal Unemployment Tax Act (FUTA) to the IRS.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a U.S. payroll tax that funds Social Security benefits.