Purchase Intentions

question 33

Multiple Choice

Purchase intentions

• A)are a very good indicator of an individual's future behavior.
• B)may be better predictors of future behavior for large dollar expenditures.
• C)are a relatively good predictor of a family's purchase behavior.
• D)are studied often in marketing because they are very similar to attitudes.
• E)are better predictors of future behavior for small dollar expenditures.

---

Definitions:

Partnership Interest

An ownership share in a partnership that represents a partner's stake in the profits, losses, and assets of the partnership.

Like-kind Exchange

A tax deferment strategy allowing for the exchange of similar types of properties without the immediate tax implications of selling the property.

IRC Section 121

A provision in the Internal Revenue Code that allows for the exclusion of up to $250,000 ($500,000 for married couples filing jointly) of capital gains from the sale of a primary residence.

Principal Residence

The primary location that a person inhabits. It often qualifies for specific tax benefits, such as the exclusion of gain from its sale.