When Nintendo Crescendo,an Electronics Company,develops and Markets the Wii Gaming

question 32

Multiple Choice

When Nintendo Crescendo,an electronics company,develops and markets the Wii gaming system,it is an opportunity that has arisen from a ________.

• A)new product or service
• B)new geographical market
• C)new method of production
• D)new raw material
• E)new method of organizing

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Definitions:

Federal Law

Legislation enacted by the national government of a country, which has jurisdiction over the entire nation and supersedes state or local laws.

Restraint of Trade

Legal term that describes any type of activity, agreement, or contract that restricts or impedes competition in a market or trade.

Competition Act

Legislation designed to prevent anti-competitive practices, promote and maintain fair competition in the market.

Criminal Law

The body of law pertaining to crimes and punishment, regulating the conduct of individuals and imposing penalties for unlawful acts.