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Which of the following is an accurate statement about liability insurance policies?
Paintbrushes
Tools used for applying paint or other substances on surfaces, typically consisting of bristles fastened to a handle.
Cannibalization
A decrease in the sales figures, earnings, or the market dominance of an existing product due to the launch of a new product by the same manufacturer.
Substitute Product
A product or service that satisfies the same need or function as another in the eyes of the consumer, often leading to competition between brands.
Complementary Product
A product that adds value to another product when used together, enhancing the consumer's experience or utility.
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