alleryStart learning →An identifying symbol or name for a particular good is a:
ATrademark
BPatent
CCopyright
DContract
Answer & Solution
Correct answer: A. Trademark
1. Different legal protections cover different kinds of asset.
2. A trademark is an identifying symbol or name for a particular good.
3. Chiquita bananas, Chevrolet cars and the Nike swoosh are the examples given.
4. A patent protects an invention rather than a name or symbol.
_Source: OpenStax Principles of Microeconomics for AP(R) Courses 2e (CC BY 4.0), Ch 9 'Monopoly', sections 9.1-9.2_
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