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Identify the External Product Development Strategies; Describe Each in a Sentence

question 10

Essay

Identify the external product development strategies; describe each in a sentence or two.


Definitions:

Title Search

The process of examining public records to verify the legal ownership of property and to identify any liens, encumbrances, or claims against it.

Fee Simple

The most complete ownership of land possible, with unlimited duration and inheritable.

Crown Patent

A legal document that grants land ownership rights in Commonwealth countries, issued by the government.

Fixture

A chattel that is constructively or permanently attached to land.

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