In order to comply with TRIPS Agreement, India enacted the Geographical Indications of’ Goods (Registration & Protection) Act, 1999. The difference/ differences between a “Trade Mark” and a Geographical Indication is/are
1. A Trade Mark is an individual or a company’s right whereas a Geographical Indication is a community’s right.
2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
3. A Trade Mark is assigned to the manufactured goods whereas the Geographical-Indication is assigned to the agricultural goods/products and handicrafts only.
Which of the statements given above is I are correct?
(a) 1 only (b) 1 and 2 only (c) 2 and 3 only (d) 1, 2 and 3