A One Price Policy

question 187

Multiple Choice

A one price policy:

• A) means offering the same price on all its products irrespective of the manufacturing, designing, and marketing costs.
• B) means offering the same price to all customers who purchase products under the same conditions and in the same quantities.
• C) means offering the same price to customers, but the price depends on the store which is selling the product.
• D) means offering the same price to distributors, retailers, and customers.
• E) means equating price with the per-unit cost of production.

Differentiate between the types of software based on distribution and licensing.

Recognize the laws and strategies designed to protect digital content and creator rights.

Understand the fundamentals of object-oriented programming and software development processes.

Understand different software development methods and their characteristics.

---

Definitions:

Implied Warranty of Possession

A legal guarantee that the seller of a property has the right to transfer ownership without any claims from third parties.

Periodic Tenancy

A leasehold interest in property that continues for successive periods (e.g., month-to-month, year-to-year) until terminated by either party.

Eviction Action

A legal process initiated by a landlord to remove a tenant from a property due to violations of the rental agreement.

Prior Renter

An individual who previously rented or leased a specific property or item before the current occupant or user.