Klee Wants to Make and Sell a Computer Operating System

question 38

Multiple Choice

Klee wants to make and sell a computer operating system under a trade?mark.To obtain the most protection under the law,Klee should choose a mark that is

• A)distinctive.
• B)similar to an existing mark.
• C)the same as an existing mark.
• D)non-distinctive.

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Definitions:

Principal and Interest

The original amount of a loan (principal) combined with the cost of borrowing that money (interest).

Financial Covenants

Agreements between a borrower and lender setting specific financial ratios or milestones the borrower must maintain.

Minimum Financial Tests

Financial benchmarks or ratios a company must achieve or maintain to comply with certain agreements, often related to debt covenants.

Borrower Must

Obligations or conditions a borrower needs to fulfill as per the terms of the loan agreement.