______________ in Some Way Reprocess a Product or Service They

question 156

Multiple Choice

______________ in some way reprocess a product or service they buy before selling it again to the next buyer.

• A)Transactional markets
• B)Corporate markets
• C)Government marketers
• D)Reseller marketers
• E)Industrial firms

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Definitions:

Void

A term applied to a contract that is not valid because its object is illegal or it has some defect that is so serious that it is not a contract.

CIF

Cost, Insurance, and Freight, a term used in international trade that indicates the seller is responsible for covering these expenses until the goods reach the purchaser's specified port of destination.

Cost

The value, usually in monetary terms, required to produce, acquire, or maintain a good or service.

Insurance

A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.