Which of the Following Statements Is TRUE

question 54

Multiple Choice

Which of the following statements is TRUE?

• A) A surety bond generally provides coverage if an employee steals something from a business or its customer.
• B) Key person insurance usually applies after the owner of a business or the director of a company is convicted of a crime.
• C) Business interruption insurance is generally used to hire and train a replacement if a key member of an organization dies unexpectedly.
• D) Hacker insurance provides protection from losses that may be caused by computer viruses.
• E) A fidelity bond is generally used to assure a customer that compensation will be available if a project is not completed on schedule.

Understand the concept and types of franchising and their significance in the marketing channel.

Grasp the concept of forward and backward integration and its impact on supply chain management.

Identify the benefits of corporate vertical marketing systems in achieving control over supply sources and distribution.

Recognize retailer-sponsored cooperatives and wholesaler-sponsored voluntary chains and their role in marketing channels.

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Definitions:

Free()

A function in C programming used to release previously allocated memory back to the operating system or memory manager.

Stdio.h

The header file in C containing declarations for input and output functions, including printf and scanf.

Function Prototype

A declaration of a function that specifies the function’s name, return type, and parameters, used in programming to inform the compiler about the function.

Malloc()

A function in C that dynamically allocates memory on the heap and returns a pointer to the allocated memory.