When Marketers Say That Services Are __________, They Are Referring

question 69

Multiple Choice

When marketers say that services are __________, they are referring to the fact that services cannot be touched, tasted, or seen, like a pure product can.

• A) intangible
• B) inseparable
• C) variable
• D) perishable
• E) replenishable

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Definitions:

Relief-From-Oppression Provisions

Legal measures available to protect minority shareholders in a company from unfair treatment or oppressive actions by majority shareholders.

Pre-Emptive Right

The right of a shareholder to buy new shares in the same proportion as her current ownership of shares.

Closely Held Corporation

A business entity owned by a small number of shareholders, often involving family members.

Relief-From-Oppression Provisions

These provisions within corporate law allow minority shareholders to petition a court for relief against actions by the majority shareholders that are oppressive or unfairly prejudicial to their interests.