_____ Benefits Include Such Things as Saving Money or Time

question 30

Multiple Choice

_____ benefits include such things as saving money or time, convenience, and health.

• A) Tangible
• B) Material
• C) Intangible
• D) Niche
• E) Advertising

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Definitions:

Postbox Rule

A principle that a mailed acceptance is effective when and where it is dropped into a mailbox.

Counteroffer

A new offer, the proposal of which rejects and terminates the offer available until then.

Unconditional Acceptance

An agreement to the terms of an offer without imposing any additional conditions or limitations.

Postbox Rule

A principle in contract law stating that an offer is considered accepted at the moment the acceptance is sent, not when it is received by the offeror.