Black and Decker's line of power tools is an example of a(n):
A) adaptation
B) family brand
C) flanker brand
D) private label brand
B
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The order-routine specification includes the final order with the chosen supplier or suppliers and lists items such as technical specifications, quantity needed, expected delivery time, return policies, and warranties
Indicate whether the statement is true or false
A seller who seeks to determine if a customer is satisfied and has future needs is most likely engaged in:
A. transaction selling. B. customer satisfaction. C. technology selling. D. relationship selling. E. transfer pricing.
The general rule that ambiguity in insurance contracts is construed against the insurer is reinforced by an important legal principle
This principle states the insured is entitled to coverage under a policy that he or she would assume the policy would provide, and exclusions must be conspicuous, plain, and clear. This principle is known as A) the principle of utmost good faith. B) the principle of reasonable expectations. C) the principle of subrogation. D) the principle of indemnity.
In a CDS with a notional principal of $100 million the reference entity defaults. What is the payoff to the buyer of protection when the recovery rate is 30%?
A. $100 million B. $30 million C. $130 million D. $70 million