Which of the following statements is not true about counterfeiting of trademarks:
A) it costs major companies substantial lost profits
B) many counterfeited goods are low quality
C) if the buyer of the counterfeit goods know they are counterfeit, there is no law violation
D) counterfeiting can hurt the reputation of the trademark owner
E) all of the other choices are true

Question

Quizplus · Accepted Answer

If the buyer of counterfeit goods knowingly buys a counterfeit item, they are still violating the law. It is illegal to knowingly buy or sell counterfeit goods.

Which of the Following Statements Is Not True About Counterfeiting