A Company Might Stretch Its Product Line Upward to Add

question 26

True/False

A company might stretch its product line upward to add prestige to its current products.

---

Definitions:

Presumptions

Beliefs or assumptions accepted as true on the basis of probabilities without direct evidence or proof.

Mailbox Rule

A legal principle that an offer is considered accepted once the acceptance is dispatched by the offeree, not when it is received by the offeror.

Dispatched

The process of sending off to a destination or for a purpose, often used in contexts of mail, orders, or tasks being sent out or completed.

Insurance Company

A business entity that provides financial protection or reimbursement against losses to individuals or entities, in exchange for the payment of premiums.