Possible Solutions That Minimize the Problems Caused by Intangibility Include

question 6

Multiple Choice

Possible solutions that minimize the problems caused by intangibility include all of the following except:

• A)the use of tangible clues.
• B)the effective management of consumers.
• C)the creation of a strong organizational image.
• D)the use of personal sources of information.
• E)the use of activity-based costing.

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Definitions:

Concurrent Conditions

Circumstances where two or more conditions must occur at the same time for a contract or agreement to be fully enforceable.

Conditions Precedent

Requirements that must be met before a contract becomes effective or before certain actions can be taken.

Conditions Subsequent

Conditions that must be met after a contract has been executed in order for the contract to remain effective.

Condition Precedent

A specific event or action that must occur before a contract becomes binding or a party is required to perform their contractual obligations.