In Which of the Following Scenarios Is a Transaction Occurring

question 73

Multiple Choice

In which of the following scenarios is a transaction occurring without the buyer and the seller having a relationship?

• A) Beverly purchases a pair of sandals from a retail sales clerk.
• B) Leon buys a vacuum cleaner from a door-to-door salesperson.
• C) Art acquires a new Volvo from a car dealership.
• D) Ursula hires a weekly diaper service.
• E) None of these

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Definitions:

Decision Criteria

involves the standards or benchmarks used to evaluate options and make choices, particularly in business or policy decisions.

Alternatives

Different options or choices available to consumers or decision-makers in any given scenario.

Need Awareness

The stage at which the salesperson is aware of the buyer’s needs and takes control of the situation by restating those needs to clarify the situation.

Serta Mattress

A brand of mattresses known for their comfort and quality, often highlighted in discussions about sleep improvement and home furnishing.