Alfred Owns a Bed and Breakfast Called Al's Quaint B&B

question 71

Multiple Choice

Alfred owns a bed and breakfast called Al's Quaint B&B in Somewhere,Maine.Rita Ritz has decided to stay at Al's for a week.She displays her wealth by wearing a four-carat diamond ring,a ruby necklace and bracelet,and a Versace purse.Al's has never had any reports of thefts in the 26 years he's operated his bed and breakfast.In the event of a theft,which of the following can Al do in order to limit his liability for the loss from the theft?

• A) He must provide a safe for his guests valuables.
• B) He must make the safe available for his guests.
• C) He must post a sign of his limit of liability notifying his guests of the same.
• D) All of these are correct.
• E) None of these are correct.

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Perception

The process by which individuals interpret and organize sensation to produce a meaningful experience of the world.

Everyday Low

A pricing strategy where a retailer aims to provide products at low prices on a consistent basis instead of relying on sales or discounts.

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The approach a business takes to set the prices for its products or services, aiming to balance competitiveness with profitability.

Continuous Minimum Prices

A policy or practice of setting a floor price for goods or services that must always be met or exceeded.