Question
A clause that allows the transfer of rights under a
policy from one person to another, usually by means of a written document is called?Solution
An assignment is the transfer of an individual's rights or property to another person or business. For example, when an option contract is assigned, the option writer has an obligation to complete the requirements of the contract. If the option was a call, the writer would have to sell the underlying security at the stated strike price. If it was a put, the writer would have to buy the underlying security at the stated strike price.
Direct Home selling utilities contracts, door to door is an example of which type of marketing channel?
Specialty discount outlets focus on one type of product, such as electronics, or books, at very competitive prices. These outlets are referred to in the...
When assessing which fast-food restaurant to eat a hamburger at, you are essentially assessing the ____________ in the fast-food market.
Jamna wants to buy a cat and asks several friends, who already have cats, to list out the reasons they used when they purchased their own cats. In which...
Web 2.0 is a term that describes
The primary function of the General Agreement on Tariffs and Trade (GATT) has been to limit trade barriers and promote world trade through the:
When consumer badly wants the product but shouldn’t desire or take the decision to buy it, it is known as _______ demand.
Profit responsibility, societal responsibility, and stakeholder responsibility are three forms or concepts of:
A women's clothing store having only one outlet likely falls under what form of ownership?
Changes in the services industry in the future will primarily be driven by each of the following factors EXCEPT:
