Examlex
Name and describe the types of risk consumers face when making decisions, and discuss how a marketer can reduce each type of risk for consumers.
Odometer
An odometer is a device used to measure the distance traveled by a vehicle, typically recorded in miles or kilometers.
Duress
Duress involves compelling someone to act against their will by using threats, force, or coercion in the context of making a contract.
Mutual Mistake
A situation in legal contracts where all parties involved have misconceptions about a vital fact at the time of agreement.
Disclaimer
A statement that denies something, especially responsibility.
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