According to the PESTLE Framework, Which of the Following Factors

question 4

Multiple Choice

According to the PESTLE framework, which of the following factors is concerned with competitor behavior?

• A) Political
• B) Economic
• C) Social
• D) Legal

Comprehend the distinction between shipment and destination contracts and their impact on the risk of loss.

Understand when and how title and risk of loss pass from the seller to the buyer or lessee.

Grasp the rights of parties to insure the goods involved in the transaction.

Recognize the conditions under which rights and liabilities in sales or leases are determined, especially concerning title and identification.

---

Definitions:

Type of Contract

A legal agreement between parties that outlines their rights, duties, and responsibilities.

Obligate

To bind or compel someone legally or morally to do something.

Checkout Line

The queue or line of customers waiting to pay for their purchases at a retail outlet.

Big Basket

An online grocery and food-products delivery service in India.