Alice Says to Brian, "If I Decide to Buy a Word

question 37

Multiple Choice

Alice says to Brian, "If I decide to buy a word processor next year, I will buy it from you." This is an example of:

• A)an illusory promise.
• B)past consideration.
• C)the pre-existing duty rule.
• D)good consideration.

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Definitions:

Government Market

A market segment where the main customer is any government entity, purchasing products or services for public service.

Organizational Buyer

An organization that purchases goods or services for its own use or for further production, including companies, governments, and institutions, not individual consumers.

Janitorial Services

Services provided to maintain cleanliness and upkeep of buildings and facilities.

Business-to-Business Marketing

Marketing efforts directed from one company to another, rather than to individual consumers.