Which are context clues that will a reader figure out the meaning of an unfamiliar

 B) Bill Bowerman remembers that he and his friend Phil Knight first called Nike another name: Blue Ribbon Sports.

Option B is the best example of how to paraphrase someone else's words. In this example, the author has chosen to express the main idea of Bowerman's words without having to repeat the words he said in the same exact way. This is clear because the author expresses the idea in the third person and because he does not use quotation marks.