Will wants to buy a new car. He goes to the bank to get a loan for the purchase, and signs an agreement to pay $10 per month in premiums on a term life insurance policy which names the bank as the recipient of the policy proceeds in the event of his death before the loan is repaid. The bank is a(n):
a. incidental beneficiary.
b. creditor beneficiary.
c. donee beneficiary.
d. assignee.
b
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The conflict-handling style in which a person allows the desires of another to prevail is known as
A. forcing. B. accommodating. C. avoiding. D. collaborating. E. compromising.
Marketers for Ranch Life, a Connecticut family resort that offers horseback riding and a waterpark, want to determine what percentage of people who visit the resort's webpage actually sign up to receive emails about promotions and special programs at
the resort. To do this, Ranch Life marketers will need to calculate the conversion rate. Indicate whether the statement is true or false
Businesses issue requests for proposals that present the specifications for major purchases of goods and certain services
Indicate whether the statement is true or false
Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo’s management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the total annual cost for the optimal order quantity?
a. $109.54 b. $600 c. $547.72 d. $273.86