One Responsibility of Business Is to Satisfy Customers by Offering

question 206

True/False

One responsibility of business is to satisfy customers by offering them goods and services with real value.

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Definitions:

False Statements

A statement that is not true or does not accurately reflect reality.

Unconscionable

Describing an act or behavior that is excessively unfair, unreasonable, or unjustifiable according to moral or legal standards.

Procedurally Unconscionable

Procedurally unconscionable refers to a condition where the manner in which a contract was formed was unfair or oppressive, typically due to issues like a lack of negotiation or meaningful choice.

Illegal Wagering Agreement

An agreement that involves betting or gambling which is not sanctioned by law, making it unenforceable and illegal.