Which of the Following Is an Example of the Way

question 233

Multiple Choice

Which of the following is an example of the way the financial markets in the United States can encourage technological progress more efficiently than other countries?

• A)Even when entrepreneurs cannot secure sufficient funding for projects from banks,venture capital firms may be willing to lend money.
• B)The level of legal protection for investors in the United States is relatively low.
• C)Because the financial market in the United States is so large,the quantity of trading in corporate stocks and bonds makes those investments less liquid.
• D)Banks in the United States are more willing to take on risk because the government guarantees each bank cannot lose more than $100,000 on any given loan that defaults.

Understand the elements and enforceability of contracts.

Distinguish between legal offers, invitations to treat, and unilateral and bilateral contracts.

Identify the effects of counter-offers, inquiries, revocations, and acceptances on the validity of an offer.

Analyze the importance of capacity, consideration, and intention in forming a contract.

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Definitions:

Affinity Program

Marketing effort sponsored by an organization that solicits involvement by individuals who share common interests and activities.

Relationship Management

Collection of activities that build and maintain ongoing, mutually beneficial ties with customers and other parties.

Relationship Marketing

A strategy designed to foster customer loyalty, interaction, and long-term engagement rather than focusing solely on short-term sales.

Customer Satisfaction

A measure of how products or services supplied by a company meet or surpass customer expectations.