Javabucks in China
This short video clip deals with the legal issues of a hypothetical foreign-owned coffee shop opening in China and facing trademark violation issues from a Chinese competitor.
In a legal sense, the term property refers to a resource over which an individual or business holds a legal title, that is, a resource that it owns. Intellectual property refers to property that is the product of intellectual activity. Patents, copyrights, and trademarks establish ownership rights over intellectual property.
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Which of the following statements is true about trademarks?
Multiple Choice
Trademarks are designs and names by which businesses differentiate their products.
Trademarks are the exclusive legal rights of authors, composers, playwrights, artists, and publishers to publish and disperse their work as they see fit.
Trademarks grant the inventor of a new product or process exclusive rights for a defined period to the manufacture, use, or sale of that
invention.
Trademarks specify certain safety standards to which a product must adhere.