Arthur is driving home from work when he runs off the road and hits a telephone pole. These are the losses he suffers: $12,000 to repair the damage to his car, and, $800 to rent a car while his car is being repaired
What is the correct name for each of these losses?
A) The $12,000 is an indirect loss, and the $800 is a direct loss.
B) The $12,000 is a direct loss, and the $800 is also a direct loss.
C) The $12,000 is a direct loss, and the $800 is an indirect loss.
D) The total loss of $12,800 is a direct loss.
C
Business
You might also like to view...
List and describe the forces affecting local integration and global marketing
What will be an ideal response?
Business
Hiring top talent away from another company is an example of using which recruiting source?
A) raiding competitors B) employee referrals C) internet data mining D) networking
Business