Which of the Following Statements About the Impact of C(RTP)A

question 5

Multiple Choice

Which of the following statements about the impact of C(RTP) A on the doctrine of consideration is true?

• A) All of the options given are correct.
• B) C(RTP)A has created an exception to the requirement that only a promisee who has given consideration can sue on the reciprocal promise.
• C) C(RTP)A has no impact on the doctrine of consideration.
• D) C(RTP)A has abolished the doctrine of consideration.

---

Definitions:

Perceptual Mapping

Perceptual mapping is a diagrammatic technique used by marketers to visually display the perceptions of customers or potential customers to compare attributes of different products.

Private-label Brands

Brands owned by a retailer or supplier that are sold exclusively in their own stores or outlets.

Perceptual Map

A visual representation that depicts consumers' perceptions of competing products or brands relative to one another along various dimensions.

Brand Insistence

The condition in which consumers persist in preferring and choosing one brand over its competitors, regardless of changes or alternatives offered.