Examlex

Solved

Through Research, the Makers of Toblerone Chocolate Bars Have Identified

question 84

Multiple Choice

Through research, the makers of Toblerone chocolate bars have identified a segment that prefers to buy a 30 gram bar rather than their 100+ gram bars. This segment is most likely:


Definitions:

Insurable Interest

A requirement for purchasing insurance, indicating the policyholder has a stake in the continued existence of the insured item or person that is subject to potential financial loss.

Risk Of Loss

Refers to the concept in commerce regarding which party bears the liability for goods damaged or destroyed during transportation or storage.

Goods In Bailment

Items that are temporarily placed under the care of another, who holds responsibility for the good's safekeeping.

Storage On Board

Storage On Board refers to the holding or containment of goods within a vessel during transportation.

Related Questions