1. 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/are correct ?
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