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Before the internet, for many people the idea of purchasing many goods without p

ID: 1158051 • Letter: B

Question

Before the internet, for many people the idea of purchasing many goods without physically seeing the goods or seller would’ve seemed foolish. Now many customers find that they prefer purchasing goods over the internet to going to a store. What are some examples of privately created institutions that online merchants use to help ensure customers are satisfied making purchases online? Check all the apply. A. Payment dispute systems B. Patents C. Product ratings D. Customer feedback ratings E. Copyrights Before the internet, for many people the idea of purchasing many goods without physically seeing the goods or seller would’ve seemed foolish. Now many customers find that they prefer purchasing goods over the internet to going to a store. What are some examples of privately created institutions that online merchants use to help ensure customers are satisfied making purchases online? Check all the apply. A. Payment dispute systems B. Patents C. Product ratings D. Customer feedback ratings E. Copyrights A. Payment dispute systems B. Patents C. Product ratings D. Customer feedback ratings E. Copyrights

Explanation / Answer

The correct choices are A, C and D

Explanation:- Payment dispute systems allows the consumer to raise disputes in case the consumer is not satisfied with the charges incurred for the product. The product ratings allows the consumer to make comparison with other similar products and customer feedback ratings allows the consumer to know what other consumers feel about the product.

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