Under EC Directive 86/653,an Evergreen Contract Occurs When the Agency

question 54

Multiple Choice

Under EC Directive 86/653,an evergreen contract occurs when the agency relationship has:

• A) Lasted for three or more years.
• B) Been continued beyond the original fixed term with no formal renewal.
• C) Been terminated by giving a three-month written notice.
• D) All of the above.

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Definitions:

Credibility

The quality of being trusted and believed in based on a record of integrity and reliability.

Jargon

Specialized language used by a particular group or profession that may be difficult for outsiders to understand.

Objective Evidence

Information that is factual, measurable, and observable, thus free from personal feelings or subjective interpretation.

AIDA Model

A marketing acronym that stands for Attention, Interest, Desire, and Action; a model used to describe the steps a customer goes through in the process of purchasing a product or service.