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The Three Most Widely Recognized Types of Consumer Decision Making

question 166

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The three most widely recognized types of consumer decision making are


Definitions:

Duress

Any unlawful act or threat exercised on a person whereby the person is forced to enter into an agreement or to perform some other act against his or her will.

Physical Harm

Damage or injury to a person's body.

Legal Assent

An agreement to enter into a contract that is recognized by law, marked by the understanding and agreement to the terms by all parties involved.

Contract Dispute

A disagreement between parties regarding the terms, performance, or understanding of a contract.

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