Impulse Items Are Placed on the First Floor While Specific-Intent

question 51

Multiple Choice

Impulse items are placed on the first floor while specific-intent items are located on the fourth floor.This retailer utilizes _____ product groupings.

• A)functional
• B)purchase motivation
• C)market segment
• D)storability

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Definitions:

Oral Contract

An agreement made through spoken words rather than written documentation, which can be legally binding in some cases.

Statute of Frauds

The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.

Oral Evidence

Testimony given by a witness in court or during a legal proceeding that is spoken and not written.

Written Contract

A legally binding agreement between two or more parties that is put in writing and signed by the parties.