The guarantees of products by its manufacturers and offer payment terms are classified as _________?
Correct answer: C. conditions of sale
- A. price policy
- B. distribution policy
- C. conditions of sale
- D. territorial rights
Explanation
Conditions of sale cover guarantees, warranties, payment terms, delivery terms, and other contractual terms offered with a product. Price policy concerns pricing decisions alone, not the complete set of selling conditions.
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