A Retailer,through Its Extensive Selection and High Service Levels,is Able

question 94

Multiple Choice

A retailer,through its extensive selection and high service levels,is able to attract shoppers from long distances.This phenomenon is known as _____.

• A)cognitive dissonance
• B)outshopping
• C)store loyalty
• D)extended decision making

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Definitions:

Warranty Disclaimers

Statements that limit or exclude the seller's liability for certain defects or failures in products or services.

Stolen Goods

Items that have been taken without permission or legal right, typically with the intent to keep or sell them.

Implied Warranty of Fitness

A legal assumption that a sold good or service is suitable for a particular purpose, as might reasonably be inferred by the buyer from the nature of the product or service.

Magnuson-Moss Warranty Act

A U.S. federal law established to protect consumers from deceptive warranty practices, ensuring warranties on consumer products are clear and fair.