Which of the Following Is Correct with Respect to the Operation

question 43

Multiple Choice

Which of the following is correct with respect to the operation of the postbox rule?

• A) For the postbox rule to apply, the offer must be made by mail.
• B) If the postbox rule applies, an acceptance must be communicated and heard by the offeree before it is effective.
• C) If the postbox rule applies, the acceptance is effective at the time of mailing.
• D) If the postbox rule applies, the only way for an acceptance to be effective is if it is sent by mail.
• E) For the postbox rule to apply, the offeror must make that clear when the offer is made.

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Definitions:

Routine Decision Making

The process of being in the habit of buying a particular product so attitudes and beliefs toward the product are already formed and are usually positive.

Unconscious Need

A desire or requirement of a consumer that they are not fully aware of, which can influence their purchasing behavior.

Buyer

An individual or organization that makes a purchase decision, acquiring goods or services in exchange for money.

Product

A product or service developed from a process, presented in the marketplace to fulfill a demand or desire.