Which of the following is TRUE of a grey-market good?
A) Grey-market merchandise is counterfeit merchandise.
B) Grey-market merchandise often is not the same quality and is visually different to merchandise brought into the country through normal channels.
C) A grey-market good is merchandise that possesses a valid North American registered trademark and is made by a foreign manufacturer but is imported into North America without permission of the trademark owner.
D) Grey-markets are a declining business
E) All of these are true of a grey-market good.

Question

Quizplus · Accepted Answer

A grey-market good is defined as merchandise that possesses a valid North American registered trademark and is made by a foreign manufacturer but is imported into North America without permission of the trademark owner. It is not necessarily counterfeit and may be of the same quality as merchandise brought in through normal channels. The popularity of grey-markets may vary and is not necessarily a declining business. Therefore, option C is the only true statement.

Which of the Following Is TRUE of a Grey-Market Good