The ________ Consists of All Possible Buyers with the Need

question 7

Multiple Choice

The ________ consists of all possible buyers with the need and financial resources for a specific product.

• A) segment
• B) cross sellers
• C) actual market
• D) market potential

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Definitions:

Perfect Tender Rule

A principle in contract law requiring goods delivered under a sales contract to exactly meet the terms of the agreement.

Contract Specifications

Detailed, precise descriptions of the terms, conditions, and obligations agreed upon by parties in a contract, often defining the scope, quality, and timelines of work or services.

Minor Flaws

Small defects or imperfections in an item or product that do not significantly affect its use or value.

Course of Performance

The conduct between parties under a contract that indicates what they consider to be the agreement's requirement, used to interpret the contract's terms.