1. With respect to the difference/differences between a “Trade Mark” and a Geographical Indications, consider the following statements:
- A Trade Mark is an individual or company’s right whereas a Geographical Indication is a community’s right.
- A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
- 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 statement(s) given below is/are correct?