Rate Fences, Both Physical and Non-Physical, Are More a Concept

question 46

True/False

Rate fences, both physical and non-physical, are more a concept than an efficient tool in services marketing.

---

Definitions:

Res Ipsa Loquitur

A legal doctrine that allows an inference of negligence to be drawn from the very nature of an accident or injury, in the absence of direct evidence on how the defendant behaved.

Proximate Cause

A legal concept that determines whether the harm or damage sustained by an individual is directly related to an event or action, playing a significant role in determining liability.

Legal Cause

A legally sufficient reason or justification for an action, event, or decision, especially in the context of litigation or legal obligations.

Punitive Damages

Monetary compensation awarded in a lawsuit that goes beyond what is necessary to compensate the plaintiff and is intended to punish the defendant for particularly egregious conduct.