A winery introduced a brand wine that it priced twice as high as its other wine. This is an example of product extension by a(n) ________
A) downward line stretch
B) product mix
C) cannibalization strategy
D) upward line stretch
E) prestige stretch
D
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Indicate whether the statement is true or false.
A seller and buyer have just agreed that the buyer will purchase 1,000 of the widgets from the
thousands that the seller has in its warehouse. The buyer will pick them up at the seller's warehouse. The day before the buyer is to pick them up, the seller's employee sets the 1,000 widgets aside. What is the significance of setting the buyer's widgets aside? A) It constitutes identification. B) It terminates the buyer's ability to revoke. C) It fully discharges the seller's duties under the contract. D) It shifts the risk of loss to the buyer.