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Answer :
Final answer:
The correct answer is b. both businesses but no others, because only Apex Electrical Inc. and Apex Foundations LLC have been given rights to use the 'Apex' trademark in their company name, not for other purposes or by other entities.
Explanation:
The question asked is pertaining to the use of a trademark in the context of business operations and domain names. When a company, Apex Electrical Inc., agrees to allow another company, Apex Foundations LLC, to use its trademarked name 'Apex,' but only as part of the company name and not for any other purpose, it is granting limited rights to the trademark. This typically implies that the trademark can continue to be used by the owner and that permissions have been granted under specific conditions to another party.
Considering the scenario provided:
- Apex Electrical only.
- Both businesses but no others.
- Neither business.
- Both businesses and any others that own the mark.
The correct answer is b. both businesses but no others. This is because Apex Foundations LLC has been specifically granted permission to use the 'Apex' name, but only within its company name. Therefore, it would not be appropriate for other businesses to use the 'Apex' name in their domain unless they have also been granted permission. Respecting trademark rights is essential in business to avoid legal disputes and maintain the integrity of a brand's identity.
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