The product value and reputation of Nike, Inc. are being compromised by Nike Shoes.
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What is the Federal Trademark Dilution Act of 1995?</h3>
The Federal Trademark Dilution Act of 1995 amends the Trademark Act of 1946 to give the owner of a well-known mark the right to an injunction and compensation for another person's commercial use of a mark or trade name if that use starts after the mark has achieved notoriety and lessens the mark's distinctiveness.
It defines the criteria the court will use to decide whether a mark is distinctive. It restricts owners of such marks to injunctive remedies unless the person for whom the injunction is requested acted with malicious intent to exploit the owner's reputation or tarnish the mark. It offers further remedies if such intent is shown to have existed.
A person's possession of a valid registration under a specific Act or on the major register renders them completely immune from legal action taken under common or state law to protect the distinctiveness of a mark, label, or form of advertisement against them with regard to that registration.
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An entrepreneur, generally, is someone who starts and runs a business. While an entrepreneur may do odd jobs here and there for other people/companies, he/she is generally self-employed and building a personal brand of some kind.
Kathleen Murray’s taxable income for 2017 is $45,000 which is within the tax income bracket of $37.950 to $91,900. Tax rate is 25%, and tax owed is $5,226.25 plus 25% of the excess over $37,950.
$45,000 - $37,950 = $7,050, excess over $37,950
Tax owed = $5,226.25 + 0.25 x $7,050
Tax owed = $6,988.75
Knowledge management is the technique that is used to improve customer relationship by storing and disseminating facts.
Knowledge management can be described as the use of different techniques to create and share knowledge in an organization.
It is a multiple approach way that organizations use to attain their objectives through the best use of knowledge.
It is very important to the organization because it helps to:
- Increase efficiency
- Raise productivity
- Keep critical information in the organization.
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