Social Class Motives and Values Can Determine Which Offerings Consumers

question 8

True/False

Social class motives and values can determine which offerings consumers desire.

---

Definitions:

Ordinarily Prudent Person

A legal standard used to represent how the average person would responsibly act in a particular situation.

Professional Conduct

The standards of behavior and ethical practices expected of individuals in a professional context.

Fraud

Fraud is a deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Standard of Care

The degree of attention, caution, and prudence that a reasonable person in a particular situation would reasonably be expected to exercise.