Which of the Following Statements About Asian American Buying Patterns

question 332

Multiple Choice

Which of the following statements about Asian American buying patterns is most accurate?

• A) Assimilated Asian Americans have very different buying patterns from a typical U.S. consumer.
• B) The diversity of the Asian subculture is so great that generalizations about buying patterns of this group are difficult to make.
• C) The Asian American subculture is growing very slowly in the United States.
• D) Asian Americans are the least educated racial/ethnic subculture in the United States.
• E) Assimilated Asian Americans are unlikely to hold professional or managerial positions in the United States.

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Definitions:

Consideration

Consideration is the value (such as money, service, or promise) exchanged between parties in a contract, making the agreement legally binding.

Objective Theory

A legal principle stating that the intent in creating a contract is determined by the reasonable interpretation of the parties' actions and statements rather than individual subjective intentions.

Outward Manifestations

Refers to the actions or expressions by parties in a contract that show their intention to enter into the agreement.

Contract Law

The branch of law dealing with the formation, performance, and enforcement of agreements between parties.