What Is a Buyer Most Likely Experiencing When He or She

question 15

Multiple Choice

What is a buyer most likely experiencing when he or she examines his or her own memory and knowledge about a product or service that is gathered through past experiences?

• A)An external locus of control
• B)An impulse buying decision
• C)An external search for information
• D)An internal locus of control
• E)An internal search for information

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Definitions:

Retains

implies holding onto or keeping in possession, often used in legal and financial contexts to describe holding onto services, rights, or properties.

Shipment Contract

An agreement between a seller and buyer where the seller is obligated to ship the goods and the buyer is obligated to accept and pay for them, under specified terms.

Title Passes

The transfer of ownership of property from one party to another, typically upon satisfaction of specified conditions.

Buyer

An individual or entity that purchases goods or services from another in a commercial transaction.