Sure Fit,Inc

question 72

Multiple Choice

Sure Fit,Inc.has begun a rebranding strategy to let customers know it no longer only produces slipcovers,but now also carries a line of rugs,window treatments,and bedding.Its _____ is described as women with average annual household income of $60,000 or more.

• A) market audience
• B) market differentiation
• C) perceived market
• D) target market
• E) aggregated market

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Definitions:

Perfect Tender Rule

A principle in the sale of goods law that allows buyers to reject goods if they do not exactly meet the terms of the contract.

Substantial Perform

This refers to a situation in contract law where a party has completed enough of their contractual obligations that they are considered to have fulfilled the contract, despite minor issues or incomplete details.

Right to Cure

The legal opportunity given to a defaulting party to correct or remedy their failure or breach within a specified time frame before further legal action is taken.

UCC

The Uniform Commercial Code encompasses a wide-ranging body of legal principles that control commercial transactions across the United States.