Though It Is Sold Only in Wal-Mart Stores, Wal-Mart's Ol'Roy

question 65

Multiple Choice

Though it is sold only in Wal-Mart stores, Wal-Mart's Ol'Roy dog food has surpassed Nestlé's Purina brand as the top-selling dog food. Ol'Roy is an example of a ________.

• A) generic product
• B) national brand
• C) franchise
• D) copy-cat brand
• E) private label

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Definitions:

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations and benefits for the parties involved.

Remedy

Legal means or measures available to a party to enforce a right or redress a harm.

Misrepresentation

The act of providing false or misleading information about a material fact, intentionally or negligently, causing someone to enter into a contract.

Affirmed

Officially confirmed or validated.