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  • Imagine you run a small toy store, and a competitor has recently started selling counterfeit versions of popular

Imagine you run a small toy store, and a competitor has recently started selling counterfeit versions of popular toys identical to the ones you sell. These counterfeit toys are of inferior quality and may pose safety risks to children.What action should you take to address this situation and combat unfair trade practices?

Option: 1

File a lawsuit against the competitor for copyright infringement


Option: 2

Launch a marketing campaign emphasizing the quality and safety of your genuine toys.


Option: 3

Report the counterfeit toys to the appropriate regulatory authorities


Option: 4

Lower the prices of your toys to compete with the counterfeit products.


Answers (1)

best_answer

Reporting the counterfeit toys to regulatory authorities (option c) is a crucial step to address this situation. It can lead to legal action against the competitor and the removal of the counterfeit products from the market, protecting both your business and the safety of consumers. hence option c is correct

 

Posted by

Gautam harsolia

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