Tuesday, July 23, 2019
Trademark Assignment Example | Topics and Well Written Essays - 1250 words
Trademark - Assignment Example A trademark is a mark that represents the distinction of certain goods in terms of the brand name, logo, label and many more. This mark helps in differentiating a traderââ¬â¢s commodities and services from those of others in a place. The right of this trademark is granted in terms of its logo, smell and taste among others. This mark is what any trader requires to own exclusive rights in commercially making use of goods and services that are under it. This also licenses the traders to engage in the various sectors of business that are involved in the mark. Without this, anyone carrying out business activities in the nation is considered a criminal and can be detained. To prove their business legal therefore, one may require this trademark from the government. This familiarizes the government with the business activities taking place within the country and helps to control illegal businesses that are not healthy in terms of the welfare of the citizens in the nation. Application for this trademark takes place in government offices. A registration fee is charged during application, and in some cases is renewed monthly. This way, apart from controlling business activities in the nation, the government also earns some revenue that later helps in running of the development projects that need to be fulfilled in building the nation. During the application process therefore, it is wise for a businessman to consider some issues before applying. It is wise to find out whether the application is really needed in oneââ¬â¢s case, whether their brand appropriately needs the mark, the right time for application and the process involved during the application. This is done to avoid poor decisions, which later may cause downfall (Isobel, 2015). Trademarks help the owners of the goods and services to protect their commodities from claims by the
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