If an owner takes his property off the market for a definite period of time in exchange for some consideration, but he grants an individual the right to purchase the property within that period for a stated price, this is called a(n)

In which of the following situations is being first to initiate a particular move not likely to result in a positive payoff?

a. when potential buyers are skeptical about the benefits of a new technology or product being pioneered by a first mover b. when pioneering helps build up a firm's image and reputation with buyers c. when first-time buyers remain strongly loyal to a pioneering firm in making repeat purchases d. when moving first can constitute a preemptive strike, making imitation extra hard or unlikely e. when moving first can result in a cost advantage over rivals

Give an example of an application of biometrics to services?

What will be an ideal response?