Two Companies That Share Markets,but Who Have Little Similarity in Their

question 2

Multiple Choice

Two companies that share markets,but who have little similarity in their resources are ____.

• A) direct,mutually-acknowledged competitors
• B) neither direct nor mutually-acknowledged competitors
• C) competitors who are probably not engaged in intense rivalry
• D) competitors who have reached mutually-sustainable competitive advantage

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Definitions:

Private Nuisance

The use of property in such a way that it foreseeably interferes with a neighbour’s enjoyment of her property

Land Titles Office

A government office that registers legal documents relating to the ownership and boundaries of property, ensuring legal ownership.

Fee Simple

A type of freehold ownership where the owner has the most extensive property rights allowed by law.

Crown

A reference to the state or monarch in the context of legal proceedings or governmental authority.