Online Retail Purchases by Consumers Can Be the Result of Several

question 222

Multiple Choice

Online retail purchases by consumers can be the result of several very different approaches,including going directly to online malls,visiting a website that offer "flash sales," and

• A)becoming a secret shopper.
• B)participating in a buying cooperative.
• C)using direct selling.
• D)participating in an online auction.
• E)shopping via vending machine.

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Definitions:

Sale of Goods

The sale of goods entails the transaction and transfer of ownership of tangible personal property from a seller to a buyer in exchange for a payment.

Parol Evidence Rule

The parol evidence rule is a legal doctrine that prevents parties to a written contract from presenting external evidence that contradicts or adds to the written terms of the contract.

UCC

Stands for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Statute of Frauds

A rule of law mandating that specific contract categories must be documented and signed by the involved parties to have legal validity.