Which of the Following Is the Best Definition of a 'Certification

question 11

Multiple Choice

Which of the following is the best definition of a 'certification' trade mark?

• A)A trade mark registered in respect of a type of goods and services not sold by the registered proprietor in order to defend a well-established trademark.
• B)A trade mark used to indicate a special quality rather than a connection between a person and particular goods or services.
• C)A sign used to distinguish the goods or services of members of an association from those of non-members.
• D)A sign indicating the overall appearance,resulting from the visual features of an object of manufacture.

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Definitions:

Competition

The rivalry among businesses to attract customers, striving to achieve such goals as higher sales, market share, and innovation.

Price

The amount of money required to purchase a good or service.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits.

Marginal Cost

The increase in total production costs that arises from producing an additional unit of a good or service.