Peter Owns Several Rental Apartments

question 79

Multiple Choice

Peter owns several rental apartments. Initially, he used several appliance brands in his apartments and was dissatisfied with their short life span. Currently, Peter purchases appliances only from Insignia Inc., a manufacturer of home appliances, for his apartments. His repeat purchases indicate:

• A)the existence of cognitive dissonance.
• B)the absence of any affect referral decisions.
• C)strong brand loyalty.
• D)extensive decision making and strong psychosocial consequences.
• E)a lack of evaluative criteria.

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Definitions:

Certain Circumstances

Refers to specific conditions or factors that affect or determine the outcome or application of a rule in a particular case.

Disclaimer

A statement that denies responsibility or relinquishes a right, often used to avoid legal liability.

Warranty of Merchantability

A guarantee that a product will meet reasonable expectations of quality and performance.

Writing

A type of documentation that shows contractual intent and satisfies the statute of frauds requirement.