Examlex
______________ and _____________ are used to describe qualitative (categorical) data.
Test Marketing
A strategy used by companies to evaluate the potential market response to a product or service before a wide-scale launch.
Verbal Agreement
An agreement made through spoken words rather than in writing, yet it is legally binding in many cases.
Consumer Protection Act
Legislation designed to safeguard the rights and interests of consumers by ensuring fair trade and accurate information in the marketplace.
Contract Enforcement
The judicial procedure of verifying that the conditions of an agreement are fulfilled as per the consensus of the parties involved.
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