Question

How do trademarks compare to service marks?

1) Service marks identify the source of a service while trademarks identify the source of a product.
2) Trademarks identify the source of a service while service marks identify the source of a product.
3) Service marks identify the source of a service while trademarks refer to both service marks as well as those marks that identify the source of a product.
4) Trademarks identify the source of a service while service marks refer to both service marks as well as those marks that identify the source of a product.

Answer 1

Trademarks and service marks are both forms of intellectual property that help identify the source of goods or services. While trademarks are used to identify the source of a product, service marks are used to identify the source of a service.

Step-by-step explanation:

Trademarks and service marks are both forms of intellectual property that help identify the source of goods or services. While trademarks are used to identify the source of a product, service marks are used to identify the source of a service. For example, a trademark can be a logo on a product, like the Nike swoosh on shoes, while a service mark can be a logo on a service, like the Mastercard logo on credit card services.