Nike Creating a Line of Clothing to Go Along with Their

question 13

Multiple Choice

Nike creating a line of clothing to go along with their main products (shoes) is an example of a:

• A)flanker brand.
• B)brand extension.
• C)cooperative brand.
• D)complementary brand.

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Definitions:

Confession of Judgment

An agreement where a debtor allows a creditor to obtain a judgment against them without a trial.

Power of Attorney

A legal document authorizing one person to act on behalf of another in legal or financial matters.

Commerce Treaty

An international agreement between countries that regulates aspects of trade among them, possibly including tariffs, import and export quotas, and other trade restrictions.

Negotiable Instrument

A written and signed promise or order to pay a specific sum of money that can be transferred by endorsement or delivery.