Which of the following doctrines defined the legal relationship between a consumer and other parties to a sale?
A. The doctrine of res judicata
B. The doctrine of res ipsa loquitur
C. The doctrine of privity
D. The doctrine of laches
Answer: C. The doctrine of privity
Business
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Customers in the mainstream market are ________
A) less dependent on what others think than are most people B) less willing to put up with less-than-complete solutions C) more knowledgeable than the average customer D) less price sensitive than the average customer E) the first set of buyers for a new product or service
Business
Managers of ________ businesses concentrate on achieving high manufacturing efficiency, low costs, and mass distribution
A) selling-oriented B) product-oriented C) production-oriented D) marketing-oriented E) consumer-oriented
Business