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"The short answer is, “it depends.” It depends on (1) Whether the other business is in the same industry; (2) Whether the other business is in the same geographical market; (3) Who was using the mark first; and (4) Who registered the trademark first."
The other business can always turn around and sue you for infringing upon and profiting off the use of their name. This could involve lots of legal fees down the line and an extended battle with the other business. It may not be worth doing when you take into consideration the potential repercussions.
If I was you, I would register a D/B/A for the corporation and use that D/B/A as the name for the business. Make sure that it is not very similar to another business name in the same industry and in the same geographic area.
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