Continuous Innovations Are Described As

question 54

Multiple Choice

Continuous innovations are described as: 

• A) having the least disrupting influence on established consumption patterns.
• B) having some disruptive influence on established consumption patterns.
• C) having no disruptive influence on established consumption patterns.
• D) having to establish new consumption patterns due to the creation of a previously unknown product.

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Definitions:

Notice of Dishonor

A formal notification indicating that a negotiable instrument, such as a check or bill of exchange, has been presented for payment and refused.

Cashier's Check

A check issued by a bank, drawn from its own funds and signed by a cashier or teller, guaranteeing payment to the payee.

Primarily Liable

Being the first or main party responsible for fulfilling a financial or legal obligation.

Fraud in the Factum

Refers to a specific type of fraud where a person is deceived into signing a document not knowing its true nature or essence.