Adam Wants to Buy a Washing Machine and Is Looking

question 142

Multiple Choice

Adam wants to buy a washing machine and is looking for something that is not too expensive.When he goes to make the purchase,he finds there are two options that meet his requirements.One is a Samsung product,while the other is a newly imported South Korean brand.Adam is not very familiar with the latter and does not hesitate in choosing Samsung.This example implies that ________.

• A)the imported brand will not survive the competition from Samsung
• B)Samsung has a positive customer brand equity
• C)the South Korean company has a low advertising budget
• D)the imported brand is unreliable
• E)the Samsung washing machine has better features than the imported brand

---

Definitions:

Statute of Frauds

A legal doctrine that requires certain types of contracts to be in writing and signed by the party to be charged in order to be enforceable.

Notation or Memorandum

Notation or Memorandum refers to a brief written record or note made for the purpose of aiding memory or providing formal documentation of an event, decision, or agreement.

Bilateral Contract

A legal agreement where each party promises to perform an act in exchange for the other party's act.