Although AIG Suffered Significant Losses on Credit Default Swaps (CDS)

question 6

True/False

Although AIG suffered significant losses on credit default swaps (CDS) that it sold, it was not a dominant player in the CDS market.

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Definitions:

Promotional Strategy

A plan to increase awareness, sales, and market share for a product or service through advertising, sales promotions, public relations, and personal selling.

Car Lubricant

A substance used in vehicles to reduce friction, heat, and wear between mechanical components that are in contact.

Sticker

A type of adhesive label or decoration which can be attached to surfaces for informational or decorative purposes.

Nonpersonal Selling

A promotional method using advertising, sales promotions, and other mass-market approaches to sell products, as opposed to direct, face-to-face sales.