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When listening to music on the radio, many consumers automatically switch stations when commercials begin to run, and they search until they find another station that is playing music. This tendency is an example of:
Bound Agreement
A legally binding contract or arrangement between parties.
Illusory Promise
An agreement that lacks a true commitment from the promisor, making it unenforceable as a contract.
Accord
An agreement between parties to settle a dispute or obligation.
Satisfaction
The fulfilment of a requirement, payment of a debt, or resolution of a claim.
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