An Individual Who Establishes a New Organization Without the Benefit

question 32

Multiple Choice

An individual who establishes a new organization without the benefit of corporate sponsorship is called a(n)

• A) Intrapreneur.
• B) Entrepreneur.
• C) Sole proprietor.
• D) Management novice.
• E) Licensee.

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Definitions:

Consumer Confusion

A situation where consumers make an incorrect assumption about the nature, qualities, or origin of goods or services.

Patent Invalid

Refers to a patent deemed not enforceable or void because it lacks novelty, is obvious, or fails to meet other statutory requirements.

Patent Application

A formal request submitted to a patent office for the grant of a patent for the new invention described in the application.

Offering for Sale

This refers to the act of making goods or services available to purchasers or buyers in the market.