Which of These Characteristics of Online Shopping Contributes to Its

question 175

Multiple Choice

Which of these characteristics of online shopping contributes to its convenience?

• A) Customers don't have to fight traffic, find a parking space, walk long aisles, or stand in store checkout lines.
• B) Consumers can avail themselves of numerous websites for almost any product or service they want.
• C) Consumers who prefer one-of-a-kind items that fit their specific needs can create them online.
• D) Consumers can engage in an electronic dialog with marketers.
• E) Consumers are in charge in the marketspace.

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Definitions:

Obsolete Information

Information that is no longer relevant or useful due to changes in technology, knowledge, or societal norms.

Truth In Lending Act

A U.S. law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.

Terminate Credit Plan

The process of ending a credit agreement, closing the account, and settling any outstanding debts.

Home Equity Loan

A type of loan in which the borrower uses the equity of their home as collateral.