Offering Two or More Products for Sale as a Set

question 165

Multiple Choice

Offering two or more products for sale as a set is known as

• A) bundling.
• B) versioning.
• C) monopolizing.
• D) product sharing.

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Definitions:

Indorse

Refers to the act of signing the back of a negotiable instrument, such as a check, in order to transfer ownership or to approve the terms.

UCC

The Uniform Commercial Code, a set of laws that govern commercial transactions in the United States.

Negotiation

Negotiation is a process of discussion aimed at reaching an agreement where two or more parties with different needs and goals discuss an issue to find a mutually acceptable solution.

Holder

A person in possession of a document of title or an instrument payable or indorsed to him, his order, or to bearer.