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SPMT 270 FINAL PAPER 2026 QUESTIONS WITH SOLUTIONS 100% CORRECT

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SPMT 270 FINAL PAPER 2026 QUESTIONS WITH SOLUTIONS 100% CORRECT

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SPMT 270 FINAL PAPER 2026 QUESTIONS
WITH SOLUTIONS 100% CORRECT

◉ What is Intellectual property. Answer: creations from the mind
Copyright
Trademarks
Patents


◉ Copy rights. Answer: Original works of authorship
(slogans, brochures, videos, music/lyrics, books/wtitten materials,
pictures)


◉ Trademarks. Answer: Word, phrase, name, symbol, and/or design that
identifies and distinguishes the source of a product.


◉ Registered trademark. Answer: easy to define


◉ Unregistered Trademark. Answer: not officially registered (TM
symbol)


◉ A Trademark applies to anything that can. Answer: Identify the source
of a product

, ◉ Trade dress. Answer: protects product packaging (uniforms)


◉ Purpose of Trademarks. Answer: Identify the source
protect costumers
represent goodwill


◉ Lanham Act. Answer: Trademark Infringement and Dilution


◉ Infringement. Answer: Unauthorized use of a protectable property of
interest that creates a likelihood of confusion among consumers


◉ Dilution. Answer: Uses damages, tarnishes, or weakens the reputation
of mark


◉ Licensing. Answer: act of granting another party the right to use a
protected intellectual property (logo, design, trademark) Inexpensive or
even revenue generating way to increase consumer awareness, exposure,
interest, and brand equity


◉ Licensee. Answer: gets the rights (Nike, adidas)


◉ Licensor. Answer: Original owner (TAMU)

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