The Key Signals That Send Messages to Buyers and Sellers

question 203

Multiple Choice

The key signals that send messages to buyers and sellers to buy or not to buy or to sell or not to sell are, all other things unchanged:

• A) prices.
• B) preferences.
• C) government mandates.
• D) expectations.

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Definitions:

Laser Printers

Printing devices that use a laser beam to transfer text and images to paper by selectively melting toner.

Contract

An agreement which is legally binding and involves more than one party, enforceable by legal means.

Verbal Agreement

An agreement made by spoken words which may be legally binding, though often harder to prove than written agreements.

Revocation

Withdrawal of an offer before acceptance (must be communicated to the offeree).