Improving Both Micro-Marketing and Macro-Marketing May Require

question 95

Multiple Choice

Improving both micro-marketing and macro-marketing may require:

• A) tougher enforcement of present laws.
• B) better-informed and more socially responsible consumers.
• C) more attention to consumer privacy.
• D) more social responsibility by businesses.
• E) All of these may be required.

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Definitions:

Illusory Contract

An agreement that lacks a real obligation from one or more parties, making it unenforceable.

Implied

Describes something that is suggested or understood without being directly expressed or stated.

Conditions

Terms or elements in contracts that affect how parties' responsibilities are enforced or interpreted.

Conditions Precedent

Legal terms that must be met before a party is required to perform under a contract.