Which of the Following Is False

question 16

Multiple Choice

Which of the following is false?

• A) Constitutions are the basic framework of law.
• B) The day-to-day interpretation and application of constitutions are matters for legislatures and the courts.
• C) The U.S. is a "common-law" (judge-made law) country, even though we operate by positive statute law and written constitution.
• D) The "police power" of government to control business activity was reduced significantly by the U.S. Constitution compared to what it had been during the colonial period.

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Definitions:

Need Recognition

The beginning of the consumer decision process; occurs when consumers recognize they have an unsatisfied need and want to go from their actual, needy state to a different, desired state.

B2B Buying Process

The steps that businesses go through when purchasing products or services from another business, from recognition of need to the final purchase.

B2C Buying Process

The series of steps that a consumer goes through when deciding to purchase a product or service from a business directly.

Order Specification

Detailed information provided by customers regarding the requirements, characteristics, and quantities of the products they wish to purchase.