What is the transaction that results within an interest rate cap to make the holder's rate "capped"?
What will be an ideal response?
The interest rate cap pays the difference between the realized interest rate in a period and the cap rate.
Business
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Lifebelt Insurance sells insurance only through its door-to-door salespeople. What type of marketing channel does Lifebelt use?
A) inclusive B) multitiered C) indirect D) direct E) selective
Business
Which one of the following is not one of the factors in JetBlue's success?
a. David Neeleman b. a decentralized structure c. JetBlue's ability to copy other airlines d. constant communication with employees
Business