Which of the Following Is an Example of Cannibalization

question 9

Multiple Choice

Which of the following is an example of cannibalization?

• A) A toothpaste manufacturer adds a new line of toothpaste (that contains baking soda) to its product line.
• B) A grocery store begins selling T-shirts featuring the local university's mascot.
• C) A basketball manufacturer adds basketball hoops to its product line.
• D) A convenience store begins selling pre-paid cell phones.

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Definitions:

Principal

The primary party involved in a transaction, agreement, or legal obligation, often responsible for fulfilling the terms of a contract.

Tort

A civil wrong or breach of duty to another person, as defined by law, that results in harm or injury, leading to legal liability.

Agents

Individuals or entities authorized to act on behalf of others in transactions or legal matters.

Undisclosed Principal

A situation in contract law where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party.