In the context of buyer-seller relationships, _____ is taken to mean that the buyer relied on the seller's statements in making the purchase decision.
A) unconscionable dealing
B) basis of the bargain
C) a factual basis
D) undue influence
E) a contract of adhesion

Question

Quizplus · Accepted Answer

"Basis of the bargain" means that the buyer relied on the seller's statements or representations when deciding to make the purchase. This concept is important in determining whether a seller's statements or claims about a product or service have legally become part of the contract between the buyer and seller.

In the Context of Buyer-Seller Relationships, _____ Is Taken to Mean