What is the name given to the clause in an insurance policy that makes it uneconomical to underinsure one's property?
A. Indemnity
B. Endorsement
C. Coinsurance
D. Extended
Answer: C
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________ is the processing of stimuli by a recipient who is not aware of the stimuli being received
A) Unconscious motivation B) Cue response C) Reinforcement D) Subliminal perception E) Subconscious drive
Which of the following is NOT true about a consumer's experience with a product?
A) The result of a product experience becomes part of the consumer's mental files. B) Consumers have to change their beliefs before purchasing a product. C) A consumer typically considers whether to make the same purchase decision again. D) If the experience is positive, the consumer might become a connector. E) If the experience is negative, the consumer may communicate negatively to others about the product.
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson is Peter Austin, who sees his company "as a service company rather than a food and drink business. Our priority is to get the hampers out on time, filled with the right products." Austin often checks to see if his customers are satisfied with his service.Austin phones a recipient of one of Clearwater's deluxe hampers to inquire if the picnic basket arrived on
time and undamaged, which suggests that Austin engages in: A. transaction selling. B. partnering/consultative selling C. relationship selling. D. direct selling. E. transformational selling.
The Swartz Company earned $30,00 . last year. The capital stock of the company consists of $200,00 . of 7% preferred stock and $100,00 . of common stock. The directors declare a dividend of half of the entire earnings. Compute the total amount that will be paid to the holders of preferred stock