Property insurance agents have greater authority to bind the contract than life insurance agent

a. true
b. false

Ans: a. true

Business

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For a frequently purchased new product, the seller estimates repeat sales as well as first-time sales. A high rate of repeat purchasing means customers ________

A) value price more than differentiation B) do not support innovation on brands C) value differentiation more than price D) prefer personalized products rather than standard ones E) are satisfied with the product

Business

Why might it be hard to quantify currency risk in a target zone system or a pegged exchange rate system?

What will be an ideal response?

Business