When the Size and Purchasing Power of a Target Segment

question 76

Multiple Choice

When the size and purchasing power of a target segment can be determined,it possesses the requirement of being ________.

• A)measurable
• B)accessible
• C)substantial
• D)differentiable
• E)profitable

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Definitions:

Builder's Lien Act

Legislation that allows contractors and suppliers to place a lien on a property as security for payment for services rendered or materials supplied.

Lien Claim

A right granted by law to a creditor over the property of a debtor as security for the debt.

Bulk Sales Acts

Laws designed to protect creditors by regulating the bulk transfer of business assets outside the regular course of business.

Holdback Money

Funds retained by a party in a contract to ensure obligations are met before making full payment.