_____ Are Things That Can Be Thought of as Part

question 105

Multiple Choice

_____ are things that can be thought of as part of the consumer.

• A) External influences
• B) Innate influences
• C) Internal influences
• D) Social influences
• E) Personal influences

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Definitions:

Contract

A legally enforceable agreement between two or more parties with mutual obligations.

Consideration

The value (which could be in the form of goods, services, or money) exchanged between parties in a contract, making the agreement legally binding.

Legally Sufficient Consideration

A value or benefit that is recognized by law, which is exchanged between parties as part of a contract.

Legally Sufficient

This refers to a condition or document meeting all legal requirements and standards to be considered valid or enforceable.