When Creative Pen Company Designed a New Pen That Was

question 132

Multiple Choice

When Creative Pen Company designed a new pen that was particularly comfortable to use,it wanted to literally get the pen in the hands of as many consumers as possible.Creative Pen will probably choose __________ distribution for its new product.

• A) intensive
• B) exclusive
• C) selective
• D) collective
• E) variable

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Definitions:

Capital

The money and property that a business needs to operate.

Corporation by Estoppel

A legal doctrine that prevents a person from denying the corporate existence of an entity when they have treated it as a corporation.

Properly Incorporated

Refers to a company or entity that has been legally established and registered under the laws of its jurisdiction.

Valid Corporation

A legal entity that is properly incorporated under the laws of its jurisdiction, providing its owners with limited liability.