Question

What is a trademark? Why are trademarks important?

Answer 1

I have answered the question below

Please up vote for the same and thanks!!!

Do reach out in the comments for any queries

Answer:

Trademark is basically another word for brand or brand name. A trademark can be any name, word, image, motto, or gadget that serves to both recognize and recognize a business or item from others in the market. When it has been trademarked the business, on the off chance that another person makes an endeavor to utilize something comparable enough to befuddle clients, the concerned party reserve the privilege to lawfully ensure yourself and stop the other party.

While it isn't legally necessary, it is a smart thought to enroll the name of your business as a trademark. If another business attempts to utilize the equivalent or comparable name, you will have legitimate plan of action to stop it. A trademarked name denotes the entirety of your items and administrations as yours and nobody else's and can likewise shield you from fake items.

Trademarking additionally gives legitimate proprietorship in explicit areas, be they nearby, state, or across the nation. With a trademark, you hold selective rights to check your items, with nobody else being permitted to utilize your image, name, or motto in that specific district.