Corporate actions have an impact on society at two levels.

In a sale of a used product, the warranty of merchantability may be disclaimed by selling the

product "as is." Indicate whether the statement is true or false

Which is a true statement about price premiums for differentiated products?

A) consumers are relatively insensitive to premium prices B) consumers are highly sensitive to price premiums C) consumers are ambivalent to price premiums D) none of the above