The Nike Swoosh Is an Example of A(n)

question 80

Multiple Choice

The Nike swoosh is an example of a(n) :

• A)brand.
• B)package.
• C)label.
• D)logo.

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Definitions:

Personally Liable

Being directly responsible for an obligation or debt, where one's personal assets can be used to satisfy the liability.

Unlimited Liability

A type of business ownership where the owners are personally responsible for all of the debts of the business, with no limit to this liability.

Limited Liability Company

A business structure in the United States that provides its owners with limited liability while allowing the benefits of pass-through taxation.

Guarantees Payment

Refers to the assurance provided by one party to another that payment will be made according to the agreed terms and conditions.