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A Marketing Professor Wanted to Do Everything Possible to Ensure

question 275

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A marketing professor wanted to do everything possible to ensure that her students understood her lectures. Accordingly, she used examples of marketing activities with which most students were familiar. For example, the professor discussed the marketing exchanges between students and grocers, college bookstores, convenience stores, and clothiers. The examples used by the professor were her attempt to ________ her message to encourage better understanding on the part of her students.

Comprehend the significance of delivery terms (e.g., FOB, CIF) and their impact on the obligations of the seller and buyer.
Analyze the implications of output and needs contracts on the quantity of goods to be delivered.
Determine the parties responsible for risk of loss in various sale and shipment conditions.
Interpret the transfer of title and risk of loss in different contractual scenarios.

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