Bob sends Fred a letter offering to sell Fred his car for $2,500. Fred writes back that he'll take it. They now must get together and write a memorandum because it is a sale of goods for over $500

Indicate whether the statement is true or false


False

Business

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Many people assume that personality must be related to consumer behavior. Knowing a customer's personality profile should help predict what she or he will buy, and how decisions will be made in the marketplace

Researchers, however, have been frustrated in their search for a unified theory of personality that would explain consumer behavior. Use trait theory to explain why this is so.

Business

Branding decisions include determining a product price

Indicate whether the statement is true or false

Business

A frequent Caesars guest who serves as a strong advocate for the Caesars experience to friends and acquaintances is referred to as a(n) ________.

A. whistleblower B. champion C. pacifier D. apostle E. polemicist

Business

Which of the following is NOT a standard symbol on a product’s package?

a. industry certification b. proof of purchase c. consumer report certification d. information about a product’s use and safety

Business