An organization usually has a trademark as a sign that depicts its products and services to differentiate it from other organizations. The trademark is usually owned by one person or a legal corporate firm. This trademark is usually found on the packaging, labels, receipts or on the actual goods produced by the firm that owns it. Major organizations identify themselves by getting the trademark also on their buildings.
Other places that you can also find the trademark are on the assets of companies, for example on their business vehicles. Businesses that were involved in baking were the initial businesses to have trademarks. Then thereafter followed the laws that were enacted to govern the use of trademarks. The trademark distinguishes different brands by different organizations. In some scenarios an organization may distribute a product or service that contains another organization’s trademark. This practice is only achievable when there is a lawful agreement that licenses the use of the trademark.
This licensing is usually done so as to allow another company to produce similar or related products or services owned by the company owning the trademark. The original company usually gives out guidelines on the production and distribution of the brand to the company using its trademark. When one uses a registered trademark to produce fake goods and services, then one is guilty of brand piracy. Lawful actions may be taken against an individual or company found guilty of brand piracy. To avoid fraud incidences and also allow for legal action, trademarks should be recorded with the involved legal bodies. One may use an unregistered trademark and may obtain some rights for It. The business without a registered trademark does not enjoy full legal privileges.
The trademark is usually in the form of a name, phrase, pictorial symbol or a combination of to or more of these particulars. Trademarks may also be rejected according to the governing law if they are found to be offensive. The essence of having a trademark is simply to effect exclusive and distinct identification of products or services. Products and services are identified from a certain source by the use of the trademark used.
These symbols are usually considered as part of the physical items legally owned by a business. Organizations with unregistered trademarks usually have restricted operations involving the trademarks. Firms can enjoy extensive and unique operation of their services by the acquisition of a trademark. Trademarks usually give legality to the brand of a certain organization and thereby securing it from piracy. The trademark is usually an easy recognition by customers who in turn identify with it and the related products and services. An organization with a registered trademark is able to expand and extend its products and services to other nations.