Which of the Following BEST Describes What Is Necessary for a Country's

question 100

Multiple Choice

Which of the following BEST describes what is necessary for a country's MACRO-marketing system to be "fair and effective"?

• A) No low quality or dangerous products are sold.
• B) Product shortages never exist.
• C) There is a big choice of goods and services.
• D) All consumers get the same opportunity to enjoy a high standard of living.
• E) There is not enough information to select an answer.

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Definitions:

Primary Liability

The direct responsibility to pay a debt or fulfill an obligation, without relying on another to first default.

Certified Check

A personal check for which the issuing bank guarantees payment by certifying that sufficient funds are available and set aside.

Liable

Legally responsible or obligated, often in the context of owing compensation for harm or damages caused.

Liability

A legal responsibility for one's actions or omissions, which may result in having to pay damages or make restitution in a civil lawsuit.