Technology Is

question 17

Multiple Choice

Technology is

• A) the application of scientific knowledge to build products that customers desire.
• B) the application of knowledge and tools to solve problems and perform tasks more efficiently.
• C) applied sciences.
• D) one of the weakest marketing environment forces.
• E) the result of research performed primarily by universities.

---

Definitions:

Discharged by Agreement

The termination of contractual obligations through mutual consent of the parties involved.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of each party.

Anticipatory Breach

Occurs when one party to a contract indicates, before the performance is due, that they will not fulfill their contractual obligations.

Misrepresentation

An untrue statement of fact; an incorrect or false representation.