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Question
A market where products are transferred immediately from seller to buyer is called a future market.
Options
True
False
MCQ
True or False
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Solution
This statement is False.
Explanation:
the term you are referring to is not "future market." The type of market where products are transferred immediately from the seller to the buyer is commonly known as a "spot market" or "cash market."
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Comparison Between Marketing and Selling
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Chapter 14: Marketing Mix - EXERCISES [Page 442]
