Which of the Following Is True Regarding Whether the Shape

question 49

Multiple Choice

Which of the following is true regarding whether the shape of a product or package may be a trademark?

• A) The shape of a product may be a trademark if it is nonfunctional but the shape of a package may not be a trademark.
• B) The shape of a product may be a trademark if it is functional but the shape of a package may not be a trademark.
• C) The shape of a product or package may be a trademark if it is functional.
• D) The shape of a product or package may be a trademark if it is nonfunctional.
• E) The shape of a package may be a trademark if it is nonfunctional, but the shape of a product may not be a trademark.

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Definitions:

Underlying Asset

The financial asset upon which a derivative's price is based, such as stocks, bonds, commodities, or currencies.

Hedge Ratio

The proportion of a position which is hedged, representing a strategy to minimize the risk of adverse price movements in an asset.

Binomial Option Model

A numerical method used in finance to price options by breaking down the option’s life into discrete time intervals.

Dynamic Hedging

A portfolio management strategy that involves continuously adjusting the hedge positions as the market conditions and prices of the underlying assets change.