Legal detriment is:
a. obtaining something to which one had no prior legal right.
b. the benefit to the promisor or detriment to the promisee.
c. doing an act that one is not legally obligated to do.
d. doing an act that one has a legal right to do.
c
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A risk manager was considering the range of possible losses that her company might experience next year. She noted that major production facilities could only be destroyed once during the year, because the destruction of the production facility by one peril means that the facility could not be destroyed a second time. What is the situation called where the occurrence of one event precludes the occurrence of a second event?
(a) empty set events (b) dependent events (c) mutually exclusive events (d) independent events
Which of the following elements of the marketing communications mix refers to any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media
? A) advertising B) personal selling C) sales promotion D) direct marketing E) public relations