Which of the following best describes a pure risk?
A) An uncontrollable risk that cannot be insured
B) The outcome will either be a loss or no change
C) The outcome will be either a loss or a gain
D) A risk with three possible outcomes
B
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If the buyer "covers," the buyer can recover as damages from the seller the difference between the breached contract price and the cost of the substituted goods.
Answer the following statement true (T) or false (F)
"My tour of the Duff Brewery was the greatest experience of my life," Homer recalled
Lenny's favorite part was the batch process that was evident during the fermenting stage but Carl's favorite part was the high speed continuous flow process evident in the bottling line. "You're both right," Homer declared, "Duff takes both elements to create a(n) ________ process." Fill in the blank with the appropriate word.
Rosy's Sweet Treats is a food truck that sells waffles. In this scenario, which of the following is true of Rosy's Sweet Treats?
A. The business deals in pure services. B. The kind of product offered by the business is an example of shopping products. C. The kind of product offered by the business is an example of specialty products. D. The business is a mix of goods and services.
Platinum Gym has 10,000 gym members out of which 1500 memberships included Unlimited Fitness Training and use of the tanning salon, and out of which 750 included Unlimited Hydromassage. If the Fitness Training is considered A, the use of the tanning salon is considered B, and the Hydromassage is considered C, then the associate rule for these sales becomes, "If A and B are purchased, then C is also purchased." Given total transactions for C are 3000. Calculate the lift for this rule.
What will be an ideal response?