Jeff Wants to Purchase a New House

question 40

Multiple Choice

Jeff wants to purchase a new house.He consults his family and friends on the area where he should buy.He contacts a number of house agents to find out more about the prices of the houses.He also searches online to have a look at the houses for sale and reads the comments of people interested in buying houses.This is an example of:

• A)habitual decision making.
• B)internal search for information.
• C)postpurchase dissonance.
• D)impulse buying.
• E)external search for information.

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Definitions:

Compulsory Share Exchange

A corporate action where a company acquires all the shares of another company, usually in exchange for its own shares, mandatorily.

Declines to Declare Dividends

The decision by a company's board of directors not to distribute earnings to shareholders in the form of dividends.

Fundamental Change

A significant alteration in the operations, structure, or financial standing of a company that can affect its stakeholders.

Minority Shareholder

A minority shareholder is someone who owns less than 50% of a company's shares and therefore does not have a controlling interest in the company.