Which of the Following Statements Is True of the Role

question 30

Multiple Choice

Which of the following statements is true of the role of advertising in business markets?

• A) Advertising is unsuitable for explaining any new features that a product might have.
• B) Sales calls are more economical than reminder advertisements.
• C) Sales calls are more effective than advertisements at reminding customers how to use a product and reassure them about their purchase.
• D) Sales representatives can use copies of the company's ads to legitimize their company and products.
• E) Advertisements are the least preferred tools when intended to generate leads for sales representatives.

Differentiate between the various defenses to tort claims.

Recognize the concepts of defamation and its requirements.

Identify the classification and components of torts in the U.S. legal system.

Distinguish between civil and criminal actions within tort law.

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Definitions:

Statute Of Frauds

A legal principle that requires certain contracts to be in writing and signed by the party to be charged, to be enforceable.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and shares of profits and losses among partners in a business.

Secretary Of State

A high-ranking official in the government responsible for the foreign affairs in the federal government or various administrative duties within the state government.

Transferable Interest

is an interest in an entity, such as a partnership or limited liability company, that can be transferred or sold to another party.