Which of the Following Is an Example of a Company

question 50

Multiple Choice

Which of the following is an example of a company using a house of brands approach?

• A) Honda has cars, motorcycles, and lawn mowers.
• B) Procter & Gamble has many brands including Crest and Swiffer.
• C) Canon makes cameras and copiers.
• D) Nike makes shoes, clothes, and gym bags.

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Definitions:

Offer

An offer is a proposal presented by one party to another with the intention of entering into a binding agreement, subject to acceptance by the receiving party.

Acceptance

In contract law, the expression of assent to the terms of an offer in such a manner that binds both the offeror and the offeree to the terms of the contract.

Legal Responsibilities

Obligations imposed by law, requiring individuals or entities to act in a certain manner or face legal consequences for failure to do so.

Offer

A proposal presented by one party to another with the intention to create a legal agreement upon acceptance.