Carmel Inc

question 54

Multiple Choice

Carmel Inc.has come up with the idea of creating a television ad for its new range of assorted cookies.The marketing executives approached RT Designs who will be filming the ad,preparing a set to record the ad,and employing an actress to play the role of a little girl enjoying her cookies.RT Designs is an example of a ________.

• A) creative boutique 
• B) production house 
• C) fulfillment center 
• D) media specialist

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Definitions:

Punitive Damages

Financial compensation awarded in a lawsuit intended to punish the defendant for egregious or malicious behavior, and deter similar conduct in the future.

Merchants

Individuals or businesses engaged in the trade of goods, services, or commodities for profit.

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to perform under a contract.

Resale Price

The price at which an item is sold after it has already been purchased from the original seller or manufacturer.