Question: Fully respond to the questions below, Each response should be at least 3 sentences. For an entrepreneur who is launching a business or product, what

Fully respond to the questions below, Each response should be at least 3 sentences.

  1. For an entrepreneur who is launching a business or product, what are the pros and cons of developing a trademark that is inherently distinctive versus one that is not inherently distinctive, but that may become distinctive?
  2. If the ultimate goal of intellectual property law is to balance the interests of business entities and the public, why can a Trademark exist forever/indefinitely, unlike with Patents and Copyrights, which expire after designated time limits?
  3. What are the benefits to businesses and consumers of being able to identify the source of a good or service?

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