In this compound, the benzene ring has a carboxyl group (-COOH) at position 1, a hydroxyl group (-OH) at position 4, and an ethyl group (C\(_2\)H\(_5\)) at position 2. According to IUPAC nomenclature, the compound is named 2-Ethyl-4-hydroxybenzoic acid, as the position of the substituents are numbered to give the lowest possible numbers in the name.
- Option (A) is incorrect because it does not reflect the correct positions of the substituents.
- Option (B) is incorrect because salicylic acid has a hydroxyl group and carboxyl group at positions 2 and 1, respectively, and does not have an ethyl group.
- Option (C) is incorrect because the compound described has a carboxyl group, not a phenolic group at position 1.
Therefore, the correct answer is option (D).