Examlex
An IMC should reduce the cost of personal selling by:
Strict Liability
Liability regardless of fault. In tort law, strict liability may be imposed on defendants in cases involving abnormally dangerous activities, dangerous animals, or defective products.
Sellers
Individuals or entities that offer goods or services in exchange for compensation.
Goods
Tangible personal property that includes a wide range of objects such as appliances, furniture, electronics, and more.
Wholesalers
Entities in the supply chain that buy large quantities of goods from manufacturers to resell to retailers or directly to the consumers.
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