The ____ Is What Is Paid for the Substitute Goods

question 287

Multiple Choice

The ____ is what is paid for the substitute goods when a seller fails to deliver goods as specified by a contract.

• A) extra price
• B) market price
• C) compensatory price
• D) total price
• E) none of the other choices are correct

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Definitions:

Objection

A challenge or disagreement voiced by a potential buyer in response to a sales pitch, needing to be addressed by the salesperson.

Price

The amount of money required to purchase a good or service.

Cost

The amount of money or resources expended to purchase or manufacture a product or service.

Value

The importance, worth, or usefulness of something, often considered in terms of its benefit to the customer or user.