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The Process of Researching,creating,and Refining a Product or Service and Distributing

question 21

Multiple Choice

The process of researching,creating,and refining a product or service and distributing that product or service to targeted customers is called ________.


Definitions:

Procedural Defenses

Legal strategies that focus on the method in which a lawsuit was carried out, rather than on the substantive issues.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, which can be transferred to another holder.

Rescission

The legal nullification of a contract, returning all parties involved to their original positions before the contract was made.

Breach of Duty

Failure to meet a standard of care legally owed to someone, resulting in harm or damage.

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