Many Sellers Offer Either General or Specific Guarantees

question 131

Multiple Choice

Many sellers offer either general or specific guarantees. Guarantees reduce the buyer's ________ risk.

• A) actual
• B) perceived
• C) real
• D) implied
• E) stated

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Definitions:

Career Development

The progression through a series of employment stages, characterized by changes in job responsibilities, skills and roles.

Salary

A fixed regular payment, typically provided on a monthly or biweekly basis, earned by an employee from an employer.

Workload

The amount of work assigned to or expected from a person within a given time period.

Hardy Personality

A trait of individuals who remain resilient and stress-tolerant by viewing challenges as opportunities rather than threats, helping them cope with stress more effectively.