Some Descriptive Terms Can Attain Trademark Status If,over Time,they Acquire

question 5

Multiple Choice

Some descriptive terms can attain trademark status if,over time,they acquire a

• A)generic meaning.
• B)secondary meaning.
• C)dictionary definition.
• D)verb or noun usage.

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Definitions:

Fair Value Increment

The increase in the recorded cost of an asset over its previously recognized value, often assessed during business combinations to reflect current market valuations.

Business Combination

The process of merging two or more companies into one, where one company survives and the others cease to exist, often aiming for strategic, operational, or financial synergies.

Inventory

The goods and materials held by a company for the ultimate goal of resale or manufacturing into final products.

Consolidated Retained Earnings

The portion of earnings generated by a company and its subsidiaries that is not distributed as dividends but reinvested in the business.