Speculative risk is uninsurable
Indicate whether the statement is true or false
TRUE
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Which of the following is a purchase return?
A) A company agrees to keep damaged inventory and receives a refund from the supplier. B) A customer agrees to keep damaged inventory and receives a partial refund of the selling price. C) A company returns inventory to the supplier and receives a refund of the purchase price. D) A customer returns inventory to a company and receives a refund of the purchase price.
The goal of marketing communications is to influence the thoughts, feelings, and/or actions of consumers
Indicate whether the statement is true or false
A producer is not likely to receive ____ from an industrial distributor.
A. selling activities in local markets B. market information about consumers C. aggressive promotion of its brand D. reduced capital requirements E. a reduced financial burden from customers
The rights of a third-party beneficiary always cannot be destroyed without that beneficiary's consent
Indicate whether the statement is true or false