Which of the following statements is not true about counterfeiting of trademarks:
a. it costs major companies substantial lost profits b. many counterfeited goods are low quality
c. if the buyer of the counterfeit goods know they are counterfeit, there is no law violation d. counterfeiting can hurt the reputation of the trademark owner
e. all of the other choices are true
Question 2
In Greenman v. Yuba Power Products, where Greenman was injured when a tool his wife bought him malfunctioned, the California high court stated the reason why strict liability should be applied to manufactures of defective products. The reason is:
a. these manufacturers should bear the costs of injuries their products cause b. consumers should bear the costs of injuries to make them more careful
c. consumers should split the costs of injuries with manufacturers; this will best insure the highest amount of care
d. state statutes encouraged the adoption of a strict standard e. none of the other choices
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