In Marketing, Which of the Following Holds True for Counterfeit

In marketing, which of the following holds true for counterfeit markets?

A) It refers to the process of dividing a larger market into smaller markets that share a common characteristic, such as age, gender, income level, or lifestyle.
B) It refers to the trade of goods and services that are illegal in themselves and/or distributed through illegal channels.
C) It refers to the commerce areas where, because of price differences across countries, consumers are able to cross international borders to legally purchase products at lower prices than in their home country.
D) It refers to the commerce areas where vendors purposely deceive buyers by altering products and then sell them as branded products at a bargain cost.
E) It refers to the secretive, unregulated (though often technically legal) trading in commodity futures.