After reading an article about domain name-related entrepreneurship, you decide to register several domain names for resale.Subsequently, you receive a complaint alleging that you have registered one of those names in bad faith.The complainant has filed for arbitration.The name in question is breadandbutter.com.The complainant, a baker, conducts business under the name.Based on these facts, which of the following statements is most likely to be TRUE?

Question

Quizplus · Accepted Answer

Based on the facts presented, it appears that you registered the domain name with the intention of reselling it for profit, rather than with a legitimate business purpose. This constitutes cybersquatting, which is the act of registering, trafficking in, or using a domain name in bad faith with the intent of profiting from the goodwill of someone else's trademark. Furthermore, since the complainant has filed for arbitration, it indicates that they are seeking to resolve the dispute through the Uniform Domain Name Dispute Resolution Policy (UDRP), which is a process established by the Internet Corporation for Assigned Names and Numbers (ICANN) for resolving disputes over domain names. If the UDRP panel determines that you are indeed a cybersquatter, they may order the transfer of the domain name to the complainant or cancel it altogether.

After Reading an Article About Domain Name-Related Entrepreneurship, You Decide