Legal and Intellectual Property Flashcards
1
Q
Does the company have intellectual property protection for its product?
A
Yes, the company holds a utility patent for the unique ball-shaped inserts in the shoes, protecting the product’s innovation from competitors.
2
Q
Is the AVOS brand trademarked?
A
The AVOS trademark is expected to be secured towards the end of 2024 but the company is actively working on protecting its brand and name.