Campbell's Most People Recognize Campbell's as a Brand of Soup, but but Campbell's

question 70

Multiple Choice

Campbell's
Most people recognize Campbell's as a brand of soup, but Campbell's also manufactures Pace Picante Sauce, Pepperidge Farms products, Prego Sauce, Swanson Broth, and V8 juice. Campbell's International division offers more than 20 brands of soups, sauces, beverages, and baked snacks in the Asia Pacific region, Greater Europe and Latin America. Products such as Arnott's biscuits and crackers and Bià Band soups are well known overseas. Campbell's products are sold in more than 120 countries.
-Refer to Campbell's.Marco likes to pack a V8 juice in his lunch bag every day.Based on its intended use,Marco's V8 juice could best be classified as a _____ product.

• A) industrial
• B) consumer
• C) business
• D) convenience
• E) unsought

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Definitions:

Assigned Rights

Rights that are transferred from one party to another, often in the context of contracts.

Creditor Beneficiary

A third party that benefits from a contract between two other parties, where the promisor agrees to pay a debt that the promisee owes to the third party.

Donee Beneficiary

An individual who benefits from a contract between two other parties, with the intent that the benefits of the contract apply to this third party.

Acceptance

The act of agreeing to the terms of an offer, thereby creating a binding contract.