RST Insurance Company does not have any agents. Instead, the company sells insurance through radio ads, telemarketers, and newspaper and magazine inserts. This distribution method is called
A) reciprocal exchange.
B) direct response system.
C) mass merchandising.
D) multiple distribution system.
Answer: B
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The MBTI has left out some traits. Researchers have created another, broader personality test by condensing personality traits into one list. This model is called
a. The Big Ten model b. The Agreeableness model c. The Big Five model d. The ABTQ model
Best Yogurt Corporation orders refrigeration equipment from Cold Storage, Inc, which has an unperfected security interest in the equipment until it is paid for. Meanwhile, Best Yogurt takes out a loan from Dependable Credit, Inc, subject to a security
interest in Best Yogurt's building and equip¬ment, which Dependable Credit perfects. Best Yogurt files a petition in bankruptcy for relief in a liquidation proceeding. If the petition is granted, in what or¬der will the creditors be paid?
Bubble Inc., a chewing gum manufacturer, specifically targets children in its advertisements. In its latest advertisement, the company indicates that Bubble is the only chewing gum that lets you blow "massive" bubbles that won't stick to your face. This statement represents the brand's
A. unique selling language. B. unique selling proposition. C. intent scale translation. D. surrogate advertising strategy. E. incomplete comparison.
A company has 625 shares of $65 par value preferred stock outstanding. It also has 25,000 shares of common stock outstanding, and the total value of its stockholders' equity is $865,625. The company's book value per common share equals:
A. $34.63. B. $33.38. C. $33.78. D. $32.20. E. $33.00.