Which of the Following Is the Best Example of a Product

question 122

Multiple Choice

Which of the following is the best example of a product line?

• A)General Motors offers passenger cars,small trucks,and tractor trailers.
• B)Sony offers DVD players,compact disk players,and video games.
• C)Kellogg offers Special K,Raisin Bran,Corn Flakes,and a variety of other cold ready-to-eat cereals.
• D)Hewlett Packard offers scanners,printers and personal computers.

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Definitions:

Promisor

A party in a contract who has agreed to perform a duty or obligation to another, known as the promisee.

Intended Third-party Beneficiary

A person who is not directly involved in a contract but is intended by the contracting parties to benefit from the contract.

Delegation

The process of allocating or assigning authority and responsibilities from one individual or group to another within an organization.

Duties

Responsibilities or obligations imposed by law or by the terms of a contract.