Selected Answer: possessio n Answers: possessio n informati on form promotio n Question 18 1 out of 1 points Wee Be Irish produces authentic Irish gifts and clothing. Wee Be Irish uses a good deal of television advertising and sales promotion activities to attract consumers to retail shops in search of its brand. Wee Be Irish utilizes a ________ strategy: Selected Answer: pull Answers: systems placeme
nt push pull Question 19 1 out of 1 points Many insurance providers offer __________ policies that give a discount to families who buy several types of insurance coverage from them. Selected Answer: umbrella Answers: umbrella universal multi-use rider- enhanced Question 20 1 out of 1 points Taxes and government regulations are part of the ________________ environment of business. Selected Answer: economic and legal Answers: economic and legal competitive social technological Question 21 1 out of 1 points Shorty is worried that his health may soon deteriorate to the point where he will no longer be able to take care of his own finances. One way he could ease his mind would be to:
Selected Answer: prepare a durable power of attorney. Answers: name an executor to his will. prepare a durable power of attorney. transfer title to all of his real estate and financial assets to a relative he trusts. invest all of his financial assets into a Keogh plan. Question 22 1 out of 1 points As a factor of production, the term capital includes: Selected Answer: tools, machinery, and buildings. Answers: stocks and bonds issued by corporations. natural resources such as land and water. tools, machinery, and buildings. services provided by the government that enable businesses to be more productive. Question 23 1 out of 1 points __________ is the market situation in which there are many sellers in a market and no seller is large enough to dictate the price of a product. Selected Answer: Perfect competition Answers: Oligopoly Monopolistic competition Perfect competition Microeconomic competition Question 24 1 out of 1 points
Jack is thinking about preparing a durable power of attorney. This indicates that he wants to: Selected Answer: appoint someone to take over his finances if he should become incapacitated. Answers: ensure that a single lawyer will be able to handle all of his legal needs. declare that his current will is invalid. eliminate the taxes on his estate when he dies. appoint someone to take over his finances if he should become incapacitated. Question 25 1 out of 1 points A(n) _________ guarantees that the product you buy will conform to the customary standards of the trade/industry. Selected Answer: implied warranty Answers: implied warranty express warranty uniform warranty commercial warranty Question 26 1 out of 1 points A patent gives inventors exclusive rights to their inventions for: Selected Answer: 20 years.
- Summer '19
- Term life insurance, Whole life insurance