Dina Buys from E-Things,Inc

question 49

Multiple Choice

Dina buys from E-Things,Inc. ,a product that includes a shrink-wrap agreement.A dispute arises,and E-Things files a suit against Dina.The court will enforce the agreement if Dina used the product

• A)after having had an opportunity to read the agreement.
• B)before having had an opportunity to read the agreement.
• C)only after actually reading the agreement.
• D)none of the choices.

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Definitions:

Profit-Maximizes

Refers to the strategy or the condition where a firm adjusts its production and pricing to achieve the highest possible profit.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Profit-Maximizes

A strategy or behavior adopted by firms aiming to achieve the highest possible profit given their resources and market conditions.

Price

The fee anticipated, needed, or handed over as payment for a service or product.