XYZ is a yacht maker and has not sold a yacht under its mark SAILSHIP in three years (which is often typical in this industry). Would such nonuse of the mark be an abandonment of the mark? Discuss.?
What will be an ideal response?
Ordinarily, three years of nonuse of a mark constitutes abandonment of the mark. However, if one sale every three years is typical in the industry for these expensive goods, then such use as is customary in the yacht business might well be sufficient.?
You might also like to view...
When interviewing, it is important to?
A. ?not make eye contact with the interviewee. B. ?avoid casual conversation at all times. C. use legal terms whenever possible.? D. use language that the interviewee understands.?
In the Model Penal Code, a crime for which the maximum penalty is five years' imprisonment is called a
A. ?capital offense. B. ?first-degree felony. C. ?second-degree felony. D. ?third-degree felony.
When a trustor creates a “charitable remainder trust,” he intends to:
a. retain the income for his lifetime for himself or a beneficiary. b. distribute the principal to an already named charity upon his or his beneficiary's death. c. leave assets only to individuals with backgrounds in planned giving. d. both a and b
In a community property state, each spouse has a claim to the fruits of their own labors
Indicate whether the statement is true or false