Which of the following statements is true regarding trademarks?
A)Some words or groups of words can be both trademarks and service marks.
B)A trademark once granted lasts for 25 years.
C)A trademark can continue to be renewed for another 5 years at a time.
D)Trademarks are exclusive right given to the creator of a literary or artistic work.

Question

Quizplus · Accepted Answer

Some words or groups of words can function as both trademarks (for products) and service marks (for services). For example, the term "McDonald's" can function as a trademark for the fast-food restaurant and a service mark for the company's food and beverage services.

Option B and C are incorrect because trademarks do not automatically last for 25 years, and they can be renewed for consecutive 10-year periods. Option D is incorrect as trademarks are not exclusive rights given to the creator of literary or artistic work.

Which of the Following Statements Is True Regarding Trademarks