After the Purchase of a Product,consumers Will Be Either Satisfied

question 114

Multiple Choice

After the purchase of a product,consumers will be either satisfied or dissatisfied and engage in ________.

• A) variety-reducing behavior
• B) alternative evaluation
• C) post-purchase behavior
• D) product expectations
• E) information searches

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Definitions:

Parol

Relating to or given by word of mouth; not in writing or formalized in documents.

Parol Evidence Rule

A rule in contract law that prevents parties from presenting evidence of prior or contemporaneous agreements that would contradict the written terms of the contract.

Oral Contracts

Agreements made through spoken communication that are binding, albeit harder to prove than written contracts.

Prenuptial Agreements

Legal contracts entered into before marriage, outlining the division of assets should the marriage end in divorce.