Activities, Interests and Opinions Are Three Essential Characteristics of Psychographic

question 18

True/False

Activities, interests and opinions are three essential characteristics of psychographic profile.

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Definitions:

Liquidated Debt

A debt for which the exact monetary value has been determined and acknowledged by both the debtor and the creditor.

Accord and Satisfaction

A legal settlement where a disputing party agrees to accept a payment or performance that is different from what was originally owed or expected, thereby settling the claim.

Preexisting Duty

An obligation that one party already legally owes to another under a contract, which cannot serve as consideration for a new contract.

Illusory Consideration

A promise or apparent agreement that lacks the actual commitment or substance to be legally enforceable as consideration in a contract.