Wednesday, February 26, 2020

Rally Round the Trade Name Assignment Example | Topics and Well Written Essays - 1250 words

Rally Round the Trade Name - Assignment Example The main characters, in this case, are Rally and Herman. Rally feels that Herman infringed his business because although his name is Herman he uses Rally as his business name. Rally fails to have solid grounds to sue because Herman established his business name first in this area of jurisdiction and hence he cannot be sued for it (Rally round the trade name, 2010). 1. Explain whether or not the fact that Gabby’s surname is Rally gives her the right to use it any way she wishes. In life, one has a right to use whatsoever name he or she decides as a business name especially when that name is your real name. In the movie, Gabby has a right to use her surname, but in her case the usage of her surname Rally is legal. For this reason, she is under the obligation to make sure that by using her last name she does not stir a conflict with an already existing company that uses the name. If within the same geographical area the company with the same name exists and uses it as its trade name or the name is part of a trading name, then serious consequences are likely to be faced. The law of the land permits the bona fide use of the surname only for the trade name. If an unregistered company is running in the same geographical area and it is using the same trade name, Gabby will still be a victim of an infringement of the trade name. Thus, she must take great care while using her surname as her company trade name. In commerce, it is of less concern or does not make any d ifference whether one is using his or her real name or whatsoever name. The issue will be if one is infringing on a business name of somebody else. Therefore, Gabby must register it first to use her surname as her trademark or trade name (Rally round the trade name, 2010).

Monday, February 10, 2020

Explain the concept of mercantilism. Give concrete examples of Research Paper

Explain the concept of mercantilism. Give concrete examples of governments pursuing mercantilist policies. Is mercantilism still alive today Explain your answer with details - Research Paper Example The protection was also achievable through the creation of a stability of exports over imports, consequently leading to the accumulation of bullion. In the present world, countries pursue industrial policies as part of the gradually emerging theory of strategic trade.3 In this case, the intention is to stimulate the nation’s economic growth, which is a form of neo-mercantilism. In the current society, neo-mercantilism is based on the thought that international markets regulate economies. China is an example of a country pursuing mercantilist policies. The economic policy in China is about achieving autarky.4 The mercantilist policies in China defend their companies through unfairly spur exports and reduce imports. Such policies do not only protect the Chinese firms, but also the foreign firms operating in China. These policies are inclusive of currency manipulation, relatively high tariffs, and tax incentives for exports. Conversely, China controls foreign purchases in a manner that somewhat forces technological transfer to the state. These policies deny foreign establishments critical inputs, which is a form of mercantilism. Other countries pursuing the mercantilist policies through innovation are inclusive of Malaysia india, Indonesia, Turkey, and Philippines among others. Most of the aforementioned countries impose high tariffs on some of their ICT goods.5 Through innovation mercantilism, these countries force foreign entities to accept domestic sourcing necessar y for production requirements or technology transfers. They impose these practices as a condition for the entities to gain market