Canon sells laser printer engines to Hewlett-Packard for its LaserJet line. Here Canon acts as a value-added reseller

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.

A niche specialist that specializes in one type of customer, like a value-added reseller that customizes computer hardware and software for a specific customer segment and earns a price premium in the process, is a(n) ________ specialist

A) geographic B) quality-price C) product-feature D) end-user E) channel