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In: AccountingInstructions A local nightclub has just changed ownership, andthe new owner, Bob, has contracted T&G...Instructions A local nightclub has just changed ownership, andthe new owner, Bob, has contracted T&G Consulting to helpdecide the direction the club will take. Based on the local musicscene, it would make the most sense to book either rock bands orcountry bands. The new owner is aware that a competing nightclub ishoping to attract new customers while Bob's club is gettingestablished. Bob is considering how he might trademark hisbusiness. Bob submits an idea for a logo, and after doing someresearch, you realize that the logo might already be associatedwith an existing business. Part 1: Working in parallel, a coworkerhas also concluded that the proposed logo might be associated withan existing business. The coworker, though, doesn't think thismatters, and has a very limited understanding of the significanceof trademark protection. Write an email to your coworker,explaining why trademark protection is so important in business.Give examples of past trademark disputes that are relevant to yourclient's situation. Part 2: : After reading your email, yourcoworker designs a new logo for the client. In a brief report,provide some ideas for how the client can acquire trademarkprotection for the new logo, referencing any sources that youuse.