Companies Can Use Demographic Data to Create Profiles of Current

question 75

True/False

Companies can use demographic data to create profiles of current customers and identify new market opportunities.

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Definitions:

Tort Liability

Legal responsibility that arises from civil actions or wrongs not based on contracts, such as negligence or defamation.

Common Law

Law derived from judicial decisions and customs, as opposed to statutes or written legislation.

Negligence and Fraud

Legal terms where negligence involves failure to exercise expected care, while fraud entails deliberate deception for unfair or financial gain.

Securities Law

Securities law encompasses the set of legal provisions and regulations governing the issuance, purchase, and sale of securities, such as stocks and bonds.