Which of the Following Explanations Were Given by O'Connor for the Increased

question 84

Multiple Choice

Which of the following explanations were given by O'Connor for the increased consumer perception that on-line reservations offer lower room rates compared to other distribution channels?

• A) Many of the best-known internet retailers i.e., Amazon.com) initially competed with traditional outlets based on price.
• B) Consumers are aware that web-based distribution costs are lower than those of other channels.
• C) Many hotels use the web site to sell last-minute deals at relatively low prices but with short lead times.
• D) All of the above
• E) Only a and b

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Definitions:

Mirror-Image Rule

A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.

Industry-Specific

Refers to products, services, or standards that are specific to a particular industry or sector.

Restatement of Contracts

A comprehensive compilation of legal principles regarding contract law intended to clarify, modernize, and illustrate current legal practices.

Silence

The absence of any response or acknowledgment, which in some legal contexts can signify agreement or acquiescence.