Price & Malone Corp

question 64

Multiple Choice

Price & Malone Corp., a company based in Houston, caters to a market of individuals and households that buy goods and services for personal consumption. Price & Malone caters to a ________ market.

• A) business
• B) reseller
• C) government
• D) consumer
• E) wholesale

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Definitions:

Capacity at Law

The ability of an entity or individual to enter into legally binding contracts and to sue or be sued.

Shares in Property

Refers to the ownership interest or equity that individuals can have in real estate or other forms of property, often implying joint ownership or investment.

Vancouver Credit Union

A financial institution that is member-owned, offering banking services like savings and loans, principally located in Vancouver.

Liability

The condition of having legal accountability for certain actions, particularly regarding debts or lawful duties.