If a Business Sells Merchandise for Which Customers Typically Do

question 40

True/False

If a business sells merchandise for which customers typically do a good deal of comparison shopping, it should choose a location as far away from competitors as possible.

---

Definitions:

Initial Steps

The preliminary actions or procedures that are taken at the beginning of a process or project.

Lawsuit

A legal dispute brought before a court where one party seeks to obtain a resolution or damages from another.

Federal Arbitration Act

A U.S. federal law enacted in 1925 that provides for contractual agreements to arbitrate disputes rather than litigate them in courts.

Arbitration Agreements

Legal contracts that require parties to resolve disputes through arbitration rather than litigation.