Which Term Refers to a Characteristic That Allows a Consumer

question 65

Multiple Choice

Which term refers to a characteristic that allows a consumer to diagnose something distinctive about an alternative?

• A) diagnostic
• B) underlying attribute
• C) signal
• D) determinator

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Definitions:

Acceptance

An agreement by one party to the terms of the offer made by another.

Revocation

The action of rescinding or recalling a decision, law, license, or agreement, making it no longer valid.

Tendered Bid

A formal offer submitted in response to an invitation to bid for a project, often including price and terms of service.

Caveat Emptor

A Latin phrase meaning "let the buyer beware," implying that the buyer assumes the risk about the quality and condition of the product being sold.