Facts about Trademark
Mybiz
18-02-2021
A Trademark
is a word, symbol, phrase or design that identifies and distinguishes the
source of the goods of one party from those of others. A Trademark is any name,
symbol, figure, letter, word or mark which is used by a manufacturer or merchant.
I explain
trademark with an example:-Coca-Cola
has its own trademark to the name Coca-Cola, as well as the trademark on the
bottle shape, and the graphic representation of their name. These all things
shows Coca-Cola is different from other Cola brands and defines the Coca-Cola
is an individual product.
The
Trademark can be an individual, business organization or any legal entity. A
trademark can be located on a package, a label, a voucher, or on the product.
For the identity of company, trademarks are displayed on company buildings.
Designation
·
TM :-It is for an unregistered
trademark, a mark used to promote or brand goods.
·
SM :- It is for an unregistered service
mark, a mark used to promote or brand services.
·
R :- The letter R surrounded by a circle,
it is for a registered trademark.
Terminology
Terms such
as mark, brand and logo are sometimes uses interchangeably with trademark.
Trademarks also includes any device, brand, label, name, signature, word,
letter, numerical, shape of goods, packaging, color or combination of colors,
smell, sound, movement or any combination which is capable of distinguishing
goods and services of one business from those of others.
Fundamental Concepts
Trademark
serve to identify a particular entity as the source of goods or services.
Trademarks are used not only by businesses but also by noncommercial
organizations and religions to protect their identity and goodwill associated
with their name.
Different
goods and services have been classified by the International classification of
goods and services into 45 Trademark classes. 1 to 34 cover goods and 35 to 45
cover services.
Registration
Some law
considers a trademark to be form of property. Proprietary rights about a
trademark can be established through actual use of that trademark in the market
place or through registration of the mark with the trademarks registry office
of a particular jurisdiction.
First the
trademark applies with the trademark office to register the trademark. After
the apply of trademark we can use the logo of our trademark with the sign of
TM. During 4 months period third party who may be affected by the registration
of the trademark can step forward to file an opposition proceeding to stop the
registration of the mark. If third party during four months that no opposes the
registration of the mark is ultimately decided in the applicant’s favour and
mark will be registered successfully.
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