Trade Mark Related-open-access

 The trademark owner are often a private , business , or any legal entity. A trademark could also be located on a package, a label, a voucher, or on the merchandise itself. It's legally recognized as a kind of property .  A trademark identifies the brand owner of a specific product or service. Trademarks are often employed by others under licensing agreements; for instance , Bullyland obtained a license to supply Smurf figurines; the Lego Group purchased a license from Lucasfilm so as to be allowed to launch Lego Star Wars; TT Toys are manufacturer of licensed ride-on replica cars for youngsters . The unauthorized usage of trademarks by producing and trading counterfeit commodity is understood as brand piracy. The owner of a trademark may pursue action against trademark infringement. USA , Canada and other countries also recognize common law trademark rights, which suggests action are often taken to guard an unregistered trademark if it's in use. Still, common law trademarks offer to the holder, generally , less legal protection than registered trademark