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Existing product use?

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My question is this: If our company were to use an existing product purchased at other than the retail selling price direct from the manufacturer or through one of their secondary distributors and
cosmetically enhance that product using protected graphics under license to our company without physically altering the function/structure of the original product. Can we re-sell the new graphically enhanced product under our company name, as long as the original product did not
contain any markings that specifically identified the original manuf./company? Would these graphic enhancements warrant copyright protection - even though the graphics are the property of
the licensor/agent and licensed to our company?

Any information you provide would be greatlly appreciated!


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