Many Brand Names Have Become So Common That They Are

question 262

Multiple Choice

Many brand names have become so common that they are now generic terms for a particular product category. Which of the following is the best example of this?

• A) Mrs. Butterworths
• B) Charmin
• C) Bic
• D) Crispix
• E) Kleenex

---

Definitions:

Face Value

The nominal value or dollar value printed on a security, such as a bond or stock certificate, representing its value at issuance.

Market Rate

The prevailing interest rate available in the marketplace on a particular debt instrument or the current price of goods, services, or securities.

Contract Rate

The agreed-upon interest rate specified in a contract, such as a loan or bond, which determines the periodic interest payments.

Premium

An amount paid in excess of the nominal or face value, often in relation to insurance policies, bonds, or shares.