Alice Says to Brian, "If I Decide to Buy a Word

question 37

Multiple Choice

Alice says to Brian, "If I decide to buy a word processor next year, I will buy it from you." This is an example of:

• A)an illusory promise.
• B)past consideration.
• C)the pre-existing duty rule.
• D)good consideration.

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Definitions:

Ethical and Legal

Pertaining to actions or decisions that are both morally right and in accordance with laws and regulations.

Company's Responsibility

The duty of a corporation to act ethically towards its employees, customers, society, and the environment in its operations.

Relationship-Oriented

A business or marketing approach that prioritizes building long-term relationships with customers over immediate sales or transactions.

Salesperson

An individual who sells goods and services to others in exchange for money or other compensation.