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A can be defined as a recognizable sign or a design that identifies and distinguishes products of a brand from others in the same niche. If a business specializes in services, then the company needs to register a servicemark. Trademarks also serve as legal protection through the trademarks law and act.
By function, trademarks can be divided into three categories, namely descriptive mark, suggestive mark, and an arbitrary mark. By design, a trademark can be a word, a symbol, a phrase, a logo, or a combination of any of the modes mentioned above.
Trademarks have a vital part to play in making a successful company because they protect both businesses as well as consumers. For businesses, trademarks help brands stay unique and memorable to consumers. Trademarks are used to protect consumers too because these marks serve as a sign of reliability.
Using a trademark will help your company develop a voice through branding. This will provide an opportunity for your customers to recognize your product or service and differentiate them from your contenders. Additionally, a registered trademark comes under intangible assets and is valuable for your company.
The primary aim of having a trademark law is to avert unfair competition among businesses operating in the same niche. The trademark law protects the use of the symbol, word, slogan, logo, or domain name used by a brand so that similar brands cannot claim ideas as their own.
The requirements for filing a trademark application are:
A soft copy of the trademark that is to be registered
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