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Distinguish Between a Bailment for Value and a Gratuitous Bailment

question 14

Essay

Distinguish between a bailment for value and a gratuitous bailment.


Definitions:

Resistance

The objection or reluctance shown by potential customers against buying a product or service, often due to doubts about value or necessity.

Prospect

A potential customer or client who has been identified as someone who could be interested in a company's product or service.

Salesperson

An individual who is responsible for selling products or services to customers, typically aiming to meet or exceed sales targets.

Compensation Method

The method of offsetting negative product aspects with better benefit aspects.

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