A description method used when a product or service is proprietary or when there is a perceived advantage to using a particular supplier's product or services is:

A) description by market grade.
B) description by brand.
C) description by specification.
D) description by performance characteristics.

Answer: B

Business

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The tax rate for documentary transfer tax is

A. $1 per $1000 of cash or assumed loans. B. 1% of the selling price C. 0.55 per $500 of cash or new loans. D. 1% of the assessed value.

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What risk is faced by a U.S. life insurance company that buys British government bonds?

What will be an ideal response?

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