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Which of the Following Is True About the Practice of Online

question 16

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Which of the following is true about the practice of online searching for information by customers?

Learn about the sections and articles within the UCC, especially those governing sales contracts.
Recognize the application of common law and UCC rules in sales contracts, including concepts of insurable interest and unconscionability.
Determine the requirements for written contracts and the impact of the CISG on international sales contracts.
Understand the role of acceptance, offer, and consideration in forming enforceable contracts under the UCC.

Definitions:

Mass Customization

A marketing and manufacturing technique that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Market Segmentation

The process of dividing a heterogeneous market into smaller, more homogeneous groups of customers with similar needs, characteristics, or behaviors.

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