In Considering the Changing American Family,which of the Following Are

question 121

Multiple Choice

In considering the changing American family,which of the following are marketers likely to consider the LEAST important?

• A)The number of traditional households has increased.
• B)Married couples with children make up less than 25% of the nation's households.
• C)The number of stay- at- home fathers has increased in the past 20 years.
• D)Baby boomers are hitting retirement age.
• E)The number of married couples with both partners working outside of the home has increased.

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Definitions:

Title

The legal right to own, use, or dispose of property, goods, or intellectual property.

Risk of Loss

The potential for an asset to be damaged, destroyed, or lost, and the consideration of who bears this responsibility until the asset is delivered.

Insurable Interest

A principle requiring that a person purchasing insurance has a legitimate interest in the continuation of the life, property, or event insured, enough to incur a financial loss if the insured risk occurs.

Shipment Contract

A contract that requires the seller to arrange for the transportation of goods to the buyer, where the risk of loss passes to the buyer upon the seller's delivery to the carrier.