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Jay, a popular TV show host, made a joke regarding Ford Pinto's and the dangers of owning them because of their "perceived" tendency to blow up. Many Pinto owners took issue with Jay's view as presented, in part due to a fear that they could never re-sell their car. Jay's very public joke and its potential to impact peoples' perceptions is an example of a(n) __________
Insured
The individual or entity covered under an insurance policy and protected against specified risks or losses.
Just-In-Time
A management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.
Insurable Interest
A stake or a legal right in the preservation of an item, person, or property that allows an individual or entity to obtain insurance coverage against loss or damage.
Supply Stoppages
Interruptions or halts in the provision or delivery of goods and services, often due to disputes, logistics issues, or external factors.
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