When Retailers Sell to Consumers It Is Considered ________ Marketing

question 119

Multiple Choice

When retailers sell to consumers it is considered ________ marketing.

• A)B2C
• B)B2B
• C)R2C
• D)C2C
• E)C2B

Recognize the role of undue influence and duress in affecting the validity of contracts.

Grasp the legal consequences of undisclosed information and non-disclosure in contract formation.

Understand the legal standards for reliance on statements and representations during contractual agreements.

Identify and compare different defenses available for contract rescission.

---

Definitions:

Bank Statement

A document or record provided by a bank detailing the transactions in a customer’s account over a specific period, including deposits, withdrawals, and balances.

Checking Account Balance

The amount of money currently available in one's checking account.

Internal Control

Processes and procedures implemented by a company to safeguard assets, ensure accuracy of financial records, and promote operational efficiency.

Accounting Records

Documentation and books that systematically record all financial transactions of an entity, allowing for financial statement preparation and auditing.