Which of the Following Is Not True About Implying Terms

question 1

Multiple Choice

Which of the following is not true about implying terms?

• A) The court can improve a bad bargain by implying a term.
• B) The officious bystander test is a strict one.
• C) The court is implementing the intentions of the parties.
• D) The omitted matter was something so obvious it goes without saying.

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Definitions:

Market Segmentation

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on shared characteristics.

Competitive Advantages

Unique attributes or circumstances that allow a company to outperform its competitors, such as cost structure, product quality, brand, or distribution network.

Target Market

A specific group of consumers at whom a company aims its products and services, characterized by similar demographics, interests, or needs.

Market Segmentation

The division of a broad market into distinct subsets of consumers who have common needs, interests, and priorities, to tailor marketing strategies to those segments.