The fundamental reason for a trademark is to help individuals perceive the source of particular goods and services. The source enables individuals to decide the quality. Quality is the thing that customers typically base their buy choices on. This is the reason a trademark is critical in the economy. A trademark reflects the source and quality of the goods or services.
This is why it is essential to guarantee that the trademark isn’t being infringed upon. A trademark speaks to the brand estimation of the trademark proprietor. Infringement of trademark causes losses in finances and reputation to the proprietor of the infringed mark. It is, therefore, in every case better to be cautious and keep potential infringers from riding on the goodwill and reputation that the original trademark owner has built up.
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