Purchase discounts decrease the total cost of merchandise acquired

What is the insurer's consideration or exchange of value regarding an insurance policy?

A) To sign endorsements or modifications to the policy. B) To make representations on the application. C) To pay death benefits to the beneficiary when the insured dies. D) To pay premiums in whole or within the grace period.

According to the text, which of the following statements about the marketing activities of a nonprofit organization is true?

a. Nonprofit organizations express their objectives in terms of profit. b. Nonprofit organizations do not charge a price. c. Nonprofit organizations use the same terminology as for-profit companies when talking about their customers. d. Nonprofit organizations often use undifferentiated segmentation strategies..