Author Question: Value is the relationship between the price of a good or a service and the benefits that it offers ... (Read 71 times)

swpotter12 · **on:** Jul 14, 2018

Value is the relationship between the price of a good or a service and the benefits that it offers to the customer.

Indicate whether the statement is true or false

Question 2

During the first quarter of the 20th century, consumers were responsible for any losses they suffered due to a defective product they purchased. This is because the doctrine of ___ was applied in business transactions.
A) caveat emptor
B) caravan emperor
C) caveat empty
D) emperor penguin