Mark Owns a Bar

question 51

Multiple Choice

Mark owns a bar.The bar has a back room where Mark has some slot machines.Mark lets some of his patrons play the machines,and Mark keeps any profits.This type of gambling is illegal where Mark lives.Mark wanted to purchase insurance in case his slot machines were confiscated by the police.Such an insurance contract would not be enforceable.Which requirement needed to form a valid insurance contract is missing?

• A)consideration
• B)offer and acceptance
• C)legal purpose
• D)competent parties

---

Definitions:

Lead Generation

The process of identifying and cultivating potential customers for a business's products or services.

Traffic Generation

Strategies and tactics used to attract visitors to a website or physical location.

Response Rates

The percentage of people who respond to a specific call-to-action out of the total number targeted, often used in marketing and research.

Direct Mail

A marketing strategy that involves sending physical promotional materials directly to potential customers at their homes or offices.