Scandinavian Airlines Recently Announced the Purchase of 35 Boeing 737-600

question 165

Multiple Choice

Scandinavian Airlines recently announced the purchase of 35 Boeing 737-600 airliners, with the option to buy another 35 for a total of $2.4 billion. SAS called Boeing "a professional and solid supplier." Deliveries began in late 1998 and will continue for some years to come. This arrangement between Boeing and SAS is an example of:

• A)reciprocity.
• B)review marketing.
• C)supply partnership.
• D)exclusive dealing.

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Definitions:

Par-Value Stock

Shares of a company that have a minimum fixed face value; the value is set at the time the shares are issued.

Stock Certificate

A physical document that represents ownership of a certain number of shares in a corporation.

No-Par Value

Refers to stocks issued without a specified face value, where the value is determined by the market.

In-Kind

Refers to goods, services, or transactions made in the form of physical goods or commodities rather than money.