Regarding the Organization of the Product Classes, an Impulse Product

question 289

Multiple Choice

Regarding the organization of the product classes, an impulse product is to an emergency product as

• A) a new unsought product is to a regularly unsought product.
• B) an installation is to a homogeneous shopping product.
• C) an impulse product is to a convenience product.
• D) a consumer product is to a business product.
• E) a shopping product is to a specialty product.

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Definitions:

Risk of Loss

The legal responsibility regarding who bears the financial burden if goods are damaged or lost during transaction or shipment.

Destroyed

To have been made unusable or ruined beyond repair.

Performance

In contract law, performance refers to the fulfillment of a contractual duty, as promised in a contract.

Place of Delivery

The specific location agreed upon by the parties in a contract where goods are to be delivered or services are to be provided.