All of the Following Are Factors That Influence the Type

question 21

Multiple Choice

All of the following are factors that influence the type of criteria consumers use when evaluating alternatives EXCEPT _____.

• A) social influences
• B) financial resources
• C) product knowledge
• D) expert opinions
• E) situational influences

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Definitions:

Minor's Option

The legal ability of a minor to affirm or void contracts and agreements, based on their lack of legal capacity to enter into contracts.

Deposit

An upfront payment or security placed in trust or as a guarantee for the fulfillment of an obligation or purchase.

Majority

More than half of a particular group or amount; often referring to the greater part of a specific population or quantity.

Repudiated

Refers to the rejection or denial of a claim or contract.