When a trademark has become representative of a broad type of products as opposed to being descriptive of a particular brand, the trademark has become ________ and the holder has lost the right to enforce the mark against competitors.
Fill in the blank(s) with the appropriate word(s).
generic
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Why is it best to exclude price from a proposal document created for a group presentation?
A. Price rather than the document will become the focus. B. Shipping and handling fees are difficult to estimate. C. Fluctuations in the economy prevent pricing accuracy. D. Prices charged by competitors are hard to obtain. E. Fees and charges will create group confusion.
In the context of business, a(n) _______ is a name, term, design, symbol, or any other feature that differentiates a company's goods or services from those of its competitors.
Fill in the blank(s) with the appropriate word(s).
A _____ is a form of business ownership in which the business is considered a legal entity that is separate and distinct from its owners.
A. sole proprietorship B. partnership C. cooperative D. corporation
A check is a draft payable on demand
Indicate whether the statement is true or false