Forensic Accounting

Category - Specialized Forensic Knowledge

Which of the following is a PRIMARY benefit of trademarks?
  1. To encourage business
  2. To encourage increased profits
  3. To have more firms operating within an area
  4. To encourage quality investment by the firms
Explanation
Answer: D - A primary benefit of trademarks is to encourage firms to come up with quality investments. In addition, it also serves to reduce the consumer-related search costs; it can make it simpler and feasible to search for a company if trademark laws are in operation.
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