Franklin, TN asked in Business Law for Tennessee

Q: what is a collective mark? Dilution in value?

a test for a class. and examples.

Related Topics:
1 Lawyer Answer

Mr. James Charles Wright

  • Knoxville, TN
  • Licensed in Tennessee

A: A collective mark is a type of trademark owned not by an individual or company but by a collective group- so that each member of the group can use the mark. For example the wool trade mark or cotton trademark.

Dilution in value .. equity dilution in value occurs whenever more stock is issued. An example you own 10 shares and your friend owns 10 shares of stock. The company then issues 20 more shares. You went from owning 50% of the company to 25%. Your interest has been diluted. Dilution can also happen by additional stock being issued at a lower value or a stock split and your stock is lower in value.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.