Household Appliance Corporation sells Ideal-brand vacuum cleaners to Jolly Discount Stores and other retailers. Household Appliance will have an insurable in¬ter¬est in the players as long as
a. Household Appliance remains in business.
b. Household Appliance retains title to the goods.
c. the goods are in existence.
d. there is no risk of loss.
B
You might also like to view...
Which of the following costs normally is expensed in the year incurred, regardless of the extent of future benefit?
a. Technology b. Customer lists c. Research and development d. Leasehold improvements
Given that the production run size is Q, the production rate is p, and the usage rate is d, then the inventory remaining in stock at the end of the production run is ______.
a. [Q – (Q/d) × p] b. [Q – (Q/p) × d] c. [Q + (Q/p) × d] b. [Q + (Q/p) × p]
For a brand to reduce psychological risk, consumers must have a(n) _______________ of the brand that suggest it is more, or at least as acceptable, as other brands.
a. Personality b. Awareness c. Identity d. Image
When the price of a product is set at a level where demand and supply are the same, _____ has been achieved.
A. equilibrium B. stability C. leverage D. symmetry E. status quo