Question

Statement – I : That part of a brand which can be spoken is called a brand name.
Statement – II : That part of the brand which is given legal protection is called Trademark.
Choose the correct option from the following :

• A. Statement I is true and Statement II is false.
• B. Statement II is true and Statement I is false.
• C. Both the statements are true.
• D. Both the statements are false.

Hint:

Brand name = what you say; Trademark = legal shield for the brand.

Answer 1

The Correct Option is C

Statement I is correct: The part of a brand that can be spoken — such as a name, term, or phrase — is called the brand name.
Statement II is also correct: The brand or a part of it (symbol, logo, name, etc.) when registered and legally protected becomes a trademark.
These two are core concepts of branding and intellectual property. Hence, both statements are accurate.
Final Answer: (C) Both the statements are true.