When the chance of loss is great and the potential for loss severity is also very high, insurance is the best approach to the risk management problem
Indicate whether the statement is true or false
FALSE
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Showing greasy potato chips versus Pringles is an example of a:
A) preemptive claim of superiority B) generic demonstration of product quality C) negative comparison ad D) positive comparison ad
Which of the following types of coupon appears on the actual pages of newspapers rather than being inserted as a separate page or section?
A) cross-ruffs coupon B) in-ad coupons C) free-standing inserts D) on-package coupons
A debtor may rescind a contract under the Truth in Lending Act:
A. within 30 days after the purchase on credit. B. only if the debtor's home is used as collateral. C. by way of oral notification to the creditor. D. only in the instance of a first mortgage on a home.
A business received an offer from an exporter for 10,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $20 Unit manufacturing costs: Variable 11 Fixed 1 What is the differential revenue from the acceptance of the offer?
A) $200,000 B) $170,000 C) $130,000 D) $140,000