Shopping bots theoretically give pricing power to:

a. consumers.
b. wholesalers.
c. retailers.
d. agents.


ANSWER: a

Shopping bots theoretically give pricing power to consumers. The more information that a shopper has, the more efficient his or her purchase decision will be.

Business

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Indicate whether the statement is true or false.

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Jason's mother would like him to go to college, so in June he enrolls at the local university. He also quits his job and tells his mother his plans to take classes. His mother says, "I'm so happy that you are going to college that I want to pay for your books." Jason then sends her a bill for $485 . Jason's mother's promise is:

a. enforceable, because Jason returned to college. b. enforceable, because Jason is giving up the right to do something else. c. unenforceable, because it is a unilateral contract. d. unenforceable, because Jason had already enrolled in school when she made the statement that she wanted to pay for his books, and there is no consideration.

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For every figure you include, you need to mention the figure by description in the text.

Answer the following statement true (T) or false (F)

Business

An insured who has policies with several companies covering the same insurable interest has multiple insurance coverage.

Answer the following statement true (T) or false (F)

Business