Allstate's Logo Features Two Hands, and Its Slogan Is "You're

question 115

Multiple Choice

Allstate's logo features two hands, and its slogan is "You're in good hands with Allstate." Allstate most likely uses hands as part of its logo because

• A) the hands are a direct reflection of what Allstate sells.
• B) the hands are associated with great strength.
• C) the hands fit well with the company's slogan.
• D) the hands symbolize the service that Allstate offers.
• E) the hands are intangible cues for Allstate's services.

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Definitions:

Insurance Expense

The cost incurred by a business to purchase insurance, which provides financial protection against losses.

Unexpired Insurance

Portion of insurance premiums paid that has not yet been used as of a specific date, and is considered a current asset on the balance sheet.

Accounts Receivable

Financial obligations that customers or clients have to a company for products or services provided but not yet compensated for.

Fees Earned

Income received from providing services.