Trademarks protect words, names, symbols, sounds, or colours that distinguish goods and services such as the Coca Cola logo. These can also be used forever as long as they’re actually being used. Depending on the type and extent of the use, you can be taken to court for trademark infringement or for fraud. Generally you will be expected to destroy all infringing materials, and pay restitution to the holder of the trademark.
Copyright is legal ownership of things such as drawings, written work, and recorded music. The ownership of copyright, prevents a third party from taking and using the material for their own ends, without first making financial reward to the original artist/author etc. Violation of copyright is punishable by fines ranging from $750 to $30,000 per infringement, but major cases of wilful infringement can carry fines up to $250,000 and five years in prison.
Good you have covered the points needed for P6 well done.
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