Intellectual Property Law

Bob is an artist who creates paintings inspired by popular movies and TV shows. He sells his paintings on his website and at local art shows. Recently, he
painted a portrait of a character from a popular movie franchise and began selling prints of the painting on his website. The owner of the movie franchise,
ABC Productions, sends Bob a cease and desist letter claiming that the portrait infringes on their trademark and copyright. Bob disagrees and argues that his
painting is a transformative work of art and is protected by fair use.
Discuss the legal issues at play in this scenario with respect to trademark and copyright law. In your essay, consider the following questions: