Before we can answer which of the following is not a type of bank, we need to know first the definition of a bank<span>. A bank is a financial institution who is licensed and allowed to collect, receive money, manage your account and keeps your money secured. Banks </span>also offer<span> services, credits and loans. There are two types of </span>bank, namely<span>, commercial and investment banks.</span>
Answer: Shopping products
Explanation:
A shopping product is a type of product which equires consumer research and the comparison of different brands. Shopping products are items that are less frequently bought by the consumer hence the consumer compare several available brands in the market.
Consumers need planning, time and efforts before a final decision is taken on whether to purchase the product or not.
For example, considering the audio system that Joel wants to buy, he analyzed available brands firstly in the market taking the price and quality into consideration after which a wireless bluetoth home audio system was chosen and paid for. Examples of shopping product are washers, fridge, television etc.
Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.
The answer is forced ranking. Forced Ranking Performance
Review System, refers to the management tool wherein the management intensely
evaluates its employees yearly to identify the best and the worst performing
employees in the firm or business, using person-to-person comparisons, in the
situation given only the top twenty percent in terms of sales will be able to
receive a bonus, which shows exactly what Forced Ranking is all about.
