Which of the Following Statements Regarding the Registration of Domain

question 15

Multiple Choice

Which of the following statements regarding the registration of domain names and trademarks is true

• A) Registration of domain name precludes someone from registering a trademark.
• B) Where trademarks are infringed, it will be no defence to show one registered a domain name.
• C) The registration of domain names overrules trademark law.
• D) The Canadian Internet Registration Authority determines whether a domain name constitutes trademark infringement.
• E) A business is entitled to its own unique domain name regardless of trademark law.

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Definitions:

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the owner's claim on the company's resources.

Non-posting Account

An account used in bookkeeping for recording transactions that will not affect the financial statements until a later transaction completes the process.

Purchase Orders Account

This refers to a specific ledger or account setup within an accounting system to track purchase orders issued to suppliers.

Income Statement

A financial statement that summarizes a company's revenues and expenses over a specific period, highlighting the net profit or loss.