Consider the following statements about a "well-known trademark":
1. A "well-known trademark" is recognized across the global market, transcending national, geographical, and cultural boundaries.
2. Protection of a "well-known trademark" under the Trade Marks Act, 1999, involves preventing unauthorized use of the mark or its variations, even if the categories of goods or services are not identical.
3. Any trademark that has been in use for more than a decade automatically qualifies for the "well-known trademark" status.
How many of the above statement/s is/are correct?
1
Only one
2
Only two
3
All three
4
None