The Most Common Exit Strategy for Fast-Growth Businesses Is

question 70

Multiple Choice

The most common exit strategy for fast-growth businesses is

• A) Passing on to family owners
• B) Selling to outside investors
• C) Selling to employees
• D) Ending in bankruptcy

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Definitions:

Trademark Theft

Unauthorized use of a registered trademark by someone other than its owner, infringing on the owner's rights.

Trade-Dress Infringement

A form of intellectual property violation that occurs when one company's visual appearance of a product or packaging is too similar to another's, leading to customer confusion.

Inherently Distinctive

A characteristic of trademarks that are unique and recognizable enough to be legally protected without proving secondary meaning.

Secondary Meaning

A legal concept whereby a descriptive or generic term acquires distinctiveness associated with a specific product or service over time.