Unsought Products Are Products That the Customer Buys Frequently,immediately and with a Minimum

question 117

True/False

Unsought products are products that the customer buys frequently,immediately and with a minimum of comparison and buying effort.

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Definitions:

Financing Statement

A document filed to indicate a secured interest in an asset, used to publicize a creditor's right to collateral.

Consumer Goods

Products intended for personal or household use.

Compensatory Damages

Monetary payments awarded to compensate the injured party for direct losses suffered.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, typically repayment of a debt.