Growth in the Direct-Selling Industry Is the Result of Two

question 40

Multiple Choice

Growth in the direct-selling industry is the result of two trends: direct-selling retailers are expanding into markets outside the United States, and

• A) increased gas prices and traffic congestion are causing people to want the store to deliver the products to them.
• B) the pendulum is beginning to swing back to more mothers (and fathers) staying home during the day with children, making direct selling more convenient.
• C) the cost of purchasing or leasing real estate to build an actual "brick" retail store is becoming prohibitive.
• D) graduating business students are finding it more difficult to find a traditional sales position and like the idea of being their own bosses.
• E) some consumers prefer one-on-one customer service and a social shopping experience rather than shopping online or in big discount stores.

Appreciate the purpose and scope of contract law, including the doctrine of non est factum and its defenses.

Identify the roles of negotiable instruments in overriding privity rules and their impact on assignments.

Recognize the importance of equitable principles in contract law, including undue influence, misinterpretation, and the unconscionable bargain doctrine.

Understand the main sources of household income.

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Definitions:

Countercurrent Exchange

A mechanism where fluids flow in opposite directions in adjacent channels, maximizing transfer rates of heat, gases, or other substances.

Concurrent Exchange

A process where two substances in close proximity exchange properties or substances simultaneously, often used in reference to heat or gas exchange in biological systems.

Crosscurrent Exchange

A mechanism of exchange (often of gases or fluids) in opposite or perpendicular directions, enhancing the efficiency of transfer.

Exhalation

The process of breathing out carbon dioxide and other gases from the lungs to the atmosphere.