A$\_\_\_\_\_\_\_\_$ is often one or more of the$$ manufacturer's own regular customers that purposefully overbuys product when it is offered at special promotional$$ prices, holds it in inventory until the promotion is$$ over, and then sells the product within the channel.

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Part $1$

A$.$

licensed distributor

B$.$

diverter

C$.$

merchandise broker

D$.$

producer

E$.$

$$manufacturer$\text{'}$s representative