Shane Had Every Reason to Believe That the Antacid He

question 102

Multiple Choice

Shane had every reason to believe that the antacid he purchased would relieve his stomach problems if he followed the directions on the box.This is an example of a(n) :

• A) implied warranty.
• B) functional label.
• C) persuasive label.
• D) express warranty.
• E) universal warranty.

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Definitions:

Distribution Channels

Pathways through which a company delivers its products or services to customers.

Intermediary

An entity or person that acts as a middleman or agent between two parties in a transaction or process to facilitate the transaction.

Broker

A person or firm that arranges transactions between a buyer and a seller for a commission when the deal is executed.

Agent

An individual or entity authorized to act on behalf of another, in business or legal matters.