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Describe Two Advantages and Two Disadvantages of Monetary-Use Sampling (MUS)

question 44

Essay

Describe two advantages and two disadvantages of monetary-use sampling (MUS).


Definitions:

Consideration

The exchange of something of value in return for the promise or service of another party, a fundamental component of a valid contract.

Promise

A declaration or assurance by one party to another that a particular action or condition will occur or be met, potentially forming the basis of a contractual obligation.

Consideration

Something of value that is promised, given, or done that persuades a party to enter into a contract, making the contract legally enforceable.

Contract

A legally binding agreement between two or more parties that is enforceable by law.

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