Answer:
Option D) Collision,uninsured motorist,comprehensive,and liability coverage.
Explanation:
A Collateral is Simply an item of value used to secure the principal portion of a loan. It is usually required when requesting for loan. It is anything of value that could be used to cover the value of the loan.
Cars has different types of insurance coverage. Some of which are:
1.Liability (required by law)
2.Collision (may be required by lender)
3.Uninsured/Underinsured (optional but recomended)
4.Comprehensive(may be required by lender)
Answer:
The correct answer is brand community.
Explanation:
A brand community can be defined as a community formed on the basis of attachment to a product or a brand. The consumers that belong in a brand community generally share the same tastes, cultures, and values.
The main characteristics of a brand community are
- Shared consciousness
- Sense of moral responsibility
- Rituals and traditions
A number of companies show brand communities, for instance, Jeep, Harley Davidson motorcycles, Barbie, Lego, Royal Enfield motorcycles, etc.
Answer:a. The company will be $11,000 better off over the 5 year period if it replaces the old machine.
Explanation:
The purchase of the new machine will bring the annual operating expenses to $9,000 compared to the $15,000 been spent on the old machine which brings in a savings of $6000 and when this is added to the $ 5000 increase sales revenue from the new machine, it means the company will be better off by $11,000 over the next five year if it replaces the old machine.
There is no justification for being $12,000, $20,000 or $6000 better off over the next five year by either replacing or keeping the old machine.
