Caveat emptor refers to
A) the legal concept of "let the buyer beware," which was pervasive in the American business culture before the 1960s.
B) the marketing concept of "be first or be last," implying that the first company to the marketplace wins.
C) the Latin term meaning that "all is fair in love and war," an attitude that was held by most marketers prior to the 1990s.
D) the legal concept of "such is life," which created many illegal as well as legal but unethical business practices during the 1980s.
E) the Latin phrase meaning "empty promises," which was a charge placed upon many firms during the period after WWII when products failed to meet their marketing claims.
Correct Answer:
Verified
Q18: An owner of a small publishing company
Q19: In marketing, the set of values, ideas,
Q20: In 2013, Budweiser launched its first responsible
Q23: As the use of the Internet grows
Q26: Copyrights, trademarks, and patents are
A)public goods.
B)intellectual property.
C)rights
Q27: Factors influencing personal moral philosophy and ethical
Q28: Which of the following is considered one
Q30: Ethical exchanges between sellers and buyers should
Q31: Culture refers to the set of values,ideas,and
Q34: In marketing, the effective rules of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents