Which of the Following Is a Potential Use of Test

question 32

Multiple Choice

Which of the following is a potential use of test marketing?

• A)to test the sales potential for a new product
• B)to test variations in the marketing mix for a product
• C)to test the sales potential for a new service
• D)all of the above
• E)none of the above

---

Definitions:

Perfection

A legal process that establishes a secured party's interest in the collateral, giving priority over other third-party claims.

Exoneration

The act of being cleared or absolved from blame, responsibility, obligation, or, specifically in legal terms, criminal charges.

Surety

is a guarantee, usually in the form of a bond, where one party guarantees the debts or obligations of another party to a third party.

Surety

A financial guarantee by one party (the surety) to assume responsibility for the debt obligation of a borrower if that borrower defaults.