The ________ Market Is the Part of the Qualified Available

question 39

Multiple Choice

The ________ market is the part of the qualified available market the company decides to pursue.

• A) potential
• B) available
• C) target
• D) penetrated
• E) reserve

---

Definitions:

Conditional Estate

An ownership interest in which the holder has the same interest as that in a fee simple absolute except that this interest is subject to a condition.

Patent

Protection that grants the holder the exclusive right to produce, sell, and use the object of the patent for 20 years; can be obtained for a product, process, invention, machine, or a plant produced by asexual reproduction.

70 Years

A measure of time often associated with copyright duration, extending 70 years beyond the life of the creator.

Easement

An irrevocable right to use some part of another’s land for a specific purpose without taking anything from it.