Which Statement Does NOT Accurately Describe the Amount of Search

question 125

Multiple Choice

Which statement does NOT accurately describe the amount of search a consumer performs related to decision making?

• A) Highly involved consumers tend to search more.
• B) As perceived risk increases, search effort increases.
• C) Consumers with higher education and income tend to search less.
• D) Search will decrease when time constraints are present.

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Definitions:

Contract Right

A legally enforceable claim that derives from a contract, allowing a party to require another party to perform or refrain from performing certain acts.

Obligor

One who owes an obligation to another.

Notice of Assignment

A formal notification given to all the relevant parties involved that a contract has been transferred from one party (the assignor) to another (the assignee).

Discharge Obligation

The act of fulfilling or settling a responsibility, duty, or debt.