In the VALS Framework,consumers Who Are Looking for Products and Services

question 74

Multiple Choice

In the VALS framework,consumers who are looking for products and services that demonstrate success to their peers or to a peer group they aspire to are called a(n)

• A)ideals-motivated group.
• B)rewards-and-success-motivated group.
• C)self-expression-motivated group.
• D)achievement-motivated group.
• E)high-and-low-resource group.

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Definitions:

Equitable Remedies

Legal solutions provided by courts in situations where monetary damages are insufficient to resolve a breach, such as injunctions or specific performance.

Implied Terms

Implied terms are provisions in a contract that are not explicitly stated but are understood to exist based on the nature of the agreement, legal requirements, or business practices.

Exemption Clause

A contract term that attempts to limit or exclude one party's liability for certain eventualities or damages.

Deliverable State

A condition referring to the readiness or suitability of a product or property to be handed over or delivered as per an agreement.