Answer:
TRADEMARK
"Trademark is a recognizable and distinct logo, sign, motto,
expression or a design that identifies es a product The trademark
owner can he a person, business, organization, or a legal entity
Trademarks are used to claim exclusive ownership of products.
Symbol of trademark is-.trademark symbol can be used or advertised on the packaging of he product However unauthorized, use without prior approval or consent of the owner of trademark is an Illegal act This may attract a legal action from the owner
For example; identification sign/logo of the leading printer manufacturing company.
SERVICE MARK
Service mark trademark that is used to identify a service rather
than a product It Is a di rid logo, sign, motto, expression or a
design that identifies a service .
Service mark helps the owner to protect the goodwill and reputation
earned by the business They often act as an assurance of quality of
service offered .
For example, a food outlet may advertise
its service mark on the delivery vehicle, staff dress,
and on Mod container.
TRADE NAME
Made name is also referred as business name It is the name used by
the business for trading purposes Business may prefer to use M
trade name for as communication , branding or contractual purposes
For example; a famous fast foal chain business has a long (three
word) name. But they use the on (first letter of each word) of name
as their trade name to sound more attractive and cKchy in their
marketing and communications Initiatives
7. In two or three paragraphs, explain the differences among trademarks, service marks, and trade names....
7. What are trademarks, trade secrets, copyright and patents? Mention how are they are different among each other. (10 points)
write at least two paragraphs describing your chosen structure and why you selected it. your written explanation must include three properly referenced and defined terms from the module reading. for example if you selected functional structure explain each relevant function?
Explain the trilateral trade agreement between Canada-The United States-Mexico (CUSMA) in one/two paragraphs. (Don’t forget to list proper citation for your answer)
Respond to each short answer question using two to three well-constructed paragraphs (150 – 250 words) containing specific details and examples that support your understanding of the concepts. What are the benefits of international free trade? Do all parties gain if there is free trade between countries? Use the trade between the US and Mexico to explain your answer.
What is an important insight of international trade theory regarding when two countries engage in voluntary trade? Explain your answer based on the three trade theories seen in class and give a real-world example for each of the three theories.
3. Parametric Curves (7 marks total) (a) (3 marks) Explain in your own words the similarities and differences between the following two parametric curves. ii. r = cost, y = cost (b) (4 marks). Consider the curve defined parametrically by r = at? + bt and y = ct} + dt+ et, where a, b, c, d,e are all constants. Give one example of what each of the constants a, b, c, d, e could equal so that your curve...
Explain three (3) differences between an IPS and the “Know Your Client Form”. (6 Marks)
Learning Objective (8-7) What are the similarities and differences among the methods for protecting various types of intellectual property? 2. The plaintiff, Lone Star Steakhouse, operates over 30 Lone Star Steakhouse & Sa loon restaurants in the U.S. The trademarks "Lone Star Cafe" and "Lone Star Steak house & Saloon" are owned by Lone Star Steakhouse. Clothing and accessories with the logo are sold in restaurants. In 1991 the defendant, Alpha, opened a restaurant named "Lone Star Grill" in Arlington,...
What are the main two differences between the Free market and Command Market? (2 Marks) Calculate the values in this table (5 Marks) Quantity Price FC TVC TC MC TR MR AFC AVC ATC 1 30 10 10 X X 2 25 15 3 20 18 With a 30% change in a product price, the demand for the product changes by 60%. What is the price elasticity of demand for this product? (Show Formula) (3 Marks) Define the following...
Question 1 Differentiate between contract costing and service costing. Provide your answer in tabular form with three differences. (6 marks) List five (5) industries which are most likely to apply contract costing in their operations. (10 marks) In a tabular form, provide two (2) similarities and two (2) differences each between Activity Based Costing (ABC) method and the Traditional method of charging overheads. (8 marks) How different in management accounting from cost accounting? Provide a brief commentary in two paragraphs. ...