What Happens When Two or More Established Brand Names of Different

question 5

Multiple Choice

What happens when two or more established brand names of different companies are used on the same product?

• A) cobranding
• B) cannibalization
• C) brand extension
• D) family branding

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Definitions:

Consideration Issue

A concept in contract law referring to the requirement that both parties exchange something of value for a contract to be enforceable.

Off-Duty Police Officer

A law enforcement officer who is not currently engaged in their official duties or responsibilities.

Postbox Rule

A legal principle that states an offer is considered accepted once the acceptance is sent by the offeree, even if it has not yet been received by the offeror.

Letter Of Revocation

A written document formally cancelling or withdrawing an offer or contract before it has been accepted or become binding.