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<h1>Trade marks provide exclusive rights to distinguish goods through registration and controlled licensing arrangements</h1> Trade marks have ancient origins, with evidence found in Harappan Civilization artifacts used for foreign trade. The modern trade mark system provides exclusivity through registration, allowing traders to distinguish their goods from competitors using symbols or marks. This exclusive right cannot be transferred, only licensed under specific conditions. Trade marks function to identify goods or services from particular sources, distinguishing them from others. Licensing is permissible under common law and statute if it avoids public confusion, maintains distinctiveness, and preserves the connection between goods and the proprietor. The fundamental purpose remains enabling identification and distinction of goods or services from specific undertakings.