Which of the Following Statements Regarding Online Consumers Is Most

question 230

Multiple Choice

Which of the following statements regarding online consumers is most accurate?

• A)With the exception of the setting used to make the exchange (online versus retail store),the profile of an online customer is almost identical to the traditional shopper.
• B)Although online shopping and buying is popular,a small percentage of online consumers still account for a disproportionate share of online retail sales in the United States.
• C)The group most likely to use the Internet to make purchases is comprised of educated males between the ages of 25 and 40.
• D)Although growing in total sales revenues,the percentage of online sales is actually beginning to decline due to the downturn in the economy.
• E)Many people are "put off" by the difficulty in navigating many new websites-the numerous steps needed to make an online purchase; they want to simply "point and click" and be done with it.

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Definitions:

Mortgage Transaction

A financial agreement where a borrower receives funds secured by the value of real property, which is to be repaid with interest over time.

Mortgagee

The lender or financial institution that provides the loan in a mortgage agreement.

Mortgagor

The borrower in a mortgage loan agreement, who pledges real property as security for the repayment of the mortgage debt.

Tenancy In Common

Ownership of land by two or more people with equal, undivided interests in it.