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Question 1
It is vital that when selling a trademark the agreement include:
Correct
Incorrect!
Correct Section 1060 renders void any mark assignment which does not also assign the goodwill related to the mark.
Incorrect! Section 1060 renders void any mark assignment which does not also assign the goodwill related to the mark.
Correct
Incorrect!
Correct
Incorrect!
Question 2
In addition to goodwill, a trademark assignment usually assigns:
Correct
Incorrect!
Correct
Incorrect!
Correct
Incorrect!
Correct Although these are not a mandatory part of trademark sales, these are the rights which are usually conveyed as part of the transaction.
Incorrect! Although these are not a mandatory part of trademark sales, these are the rights which are usually conveyed as part of the transaction.
Question 3
Registration of the sale of a mark is:
Correct
Incorrect!
Correct Although one need not register the conveyance of a mark, an unregistered sale would be void against a 'subsequent purchaser for valuable consideration without notice.'
Incorrect! Although one need not register the conveyance of a mark, an unregistered sale would be void against a 'subsequent purchaser for valuable consideration without notice.'
Correct
Incorrect!
Correct
Incorrect!
Question 4
Which of the following is not a common part of a trademark licensing agreement:
Correct
Incorrect!
Correct
Incorrect!
Correct
Incorrect!
Correct A trademark licensing agreement can be very complex or quite simple, and these are just a few of the topics which are usually covered in the contract.
Incorrect! A trademark licensing agreement can be very complex or quite simple, and these are just a few of the topics which are usually covered in the contract.