Use the Following to Answer the Questions

question 172

Multiple Choice

Use the following to answer the questions.
Lands' End offers clothing and accessories for all members of the typical household.For many years,the products were sold only through catalogs.Later,they were available through the company on its Internet website.In the past few years,Lands' End has partnered with Sears to offer selected Lands' End products inside of Sears retail stores.This move by Lands' End has been criticized by some marketers because it was thought that the Lands' End products were superior in quality to those that are available in Sears stores.Additionally,the products available in Sears stores include Craftsman tools,lawn care equipment,and household appliances,which are not Lands' End types of product lines.This may create mixed messages about Lands' End to prospective customers.
-Refer to Scenario 15.2.By locating in the Sears' stores,Lands' End can do all of the following,except

• A) facilitate comparison shopping.
• B) facilitate wholesale exchanges.
• C) create place utility.
• D) create time utility.
• E) facilitate consumer exchanges.

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Definitions:

Title Transferred

The act of transferring ownership rights of property from one party to another, typically executed through a legal document.

On Approval

A conditional agreement term requiring that an action or decision must be sanctioned or approved by a specified party before it becomes effective.

Sale of Goods Act

Legislation governing the sale of goods, ensuring rights and obligations of buyers and sellers, including product quality and ownership transfer.

Unpaid Seller's Lien

A right granted to sellers allowing them to retain possession of property until they receive full payment, typically used in transactions involving goods.