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Question
Caveat vendor is a principle of ______.
Options
Marketing
Selling
Personal Selling
Advertising
MCQ
Fill in the Blanks
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Solution
Caveat vendor is a principle of Marketing.
Explanation:
"Caveat vendor" translates to "let the seller beware." It implies that the seller must be cautious and responsible for providing accurate information about the product or service they are selling. This principle is crucial in marketing, as it ensures transparency and honesty in the promotion and sale of goods and services, ultimately protecting consumers' interests.
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