Channel Members Add Value by Bridging the Major Gaps of ________

question 44

Multiple Choice

Channel members add value by bridging the major gaps of ________ that separate goods and services from those who would use them.

• A) time, need, and form
• B) place, possession, and form
• C) time, place, and possession
• D) place, time, and need
• E) place, need, and distribution

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Definitions:

Misrepresentation

A false statement of fact made by one party to another, which induces that other party to enter into a contract.

Equitable Remedy

A non-monetary court order to perform or refrain from performing a specific act, aimed at achieving fairness.

Privity of Contract

A doctrine in contract law stating that only parties involved in the contract have the right to sue or be sued on its terms.

Assignments

The transfer of rights, property, or responsibilities from one party to another, often used in the context of legal and academic settings.