Ryan Enters into a Contract with Dave,the Neighborhood Grocer,to Supply

question 17

Multiple Choice

Ryan enters into a contract with Dave,the neighborhood grocer,to supply fresh vegetable daily.After four months,the grocery store expands its business considerably and attracts customers from the neighboring areas as well.As a result,Dave demands that Ryan triple his supply as he cannot keep up with the demand? Which of the following will apply in determining the amount that can be supplied in such circumstances?

• A) Rule of reasonable price
• B) Rule of requirements
• C) Rule of needs
• D) Rule of good faith

---

Definitions:

Personal Selling Process

Involves a series of steps that a salesperson follows to persuade a prospective buyer to make a purchase, including prospecting, approaching, presenting, handling objections, closing, and follow-up.

Customer Satisfaction

A measure of how products or services provided by a company meet or surpass customer expectation.

Behaviorally Related

Pertains to how consumer actions and decisions are influenced by behavioral factors, often studied in marketing to develop strategies that align with consumer behavior patterns.

Product Knowledge

Understanding and information about a product, including its features, uses, and benefits, possessed by those marketing, selling, or using it.