Which of These Markets Have Greater Numbers of Customers but with Fewer

question 15

Multiple Choice

Which of these markets have greater numbers of customers but with fewer dollars to spend?

• A) B2B
• B) online
• C) B2C
• D) retail

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Definitions:

Unauthorized Acts

Actions taken by an individual or entity without legal or official approval, which may be illegal or against regulatory standards.

Undisclosed Principal

In agency law, a principal whom a third party lacks knowledge or the reason to know the principal’s existence and identity.

Unidentified Principal

In agency law, a principal whom a third party knows or has reason to know exists but who lacks knowledge or reason to know the principal’s identity.

Legally Non-Existent

Refers to an entity or agreement that has no recognition or validity under the law.