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Explain What a Trademark Is,and List the Four Different Types

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Essay

Explain what a trademark is,and list the four different types of "marks" that can be protected under trademark law.Explain how each mark is used.


Definitions:

Capital Account

An account used for a proprietorship that represents the owner’s equity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.

Balance Sheet Columns

The sections of a balance sheet which typically include assets, liabilities, and shareholders' equity.

Drawing Account

An account used to record withdrawals made by a business owner or partner from the company for personal use.

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