The exclusive right to use a certain name or symbol is called as:
A) franchise.
B) patent.
C) trademark.
D) copyright.

Question

Quizplus · Accepted Answer

A trademark is a type of intellectual property consisting of any word, name, symbol, or device, or any combination thereof, used or intended to be used to identify and distinguish the goods or services of one seller or provider from those of others, and to indicate the source of the goods or services. A franchise is a legal agreement between a company and a franchisee that allows the franchisee to operate a business using the franchisor's name and business model. A patent is a form of intellectual property that gives its owner the legal right to exclude others from making, using, and selling an invention for a limited period of time. Copyright is a legal right that grants the creator of an original work exclusive rights to determine and decide how that work is used and who can use it.

The Exclusive Right to Use a Certain Name or Symbol