​Asif Wanted to Buy a Football Immediately

question 33

Multiple Choice

​Asif wanted to buy a football immediately.He placed an order on Duke.com,an online portal for sports goods,and dropped in at its nearest physical store to collect it.This scenario is an example of _____.

• A)microtargeting
• B)​click-and-collect
• C)​shopper marketing
• D)retail channel omnification

Interpret the roles and responsibilities of the insured, insurer, and beneficiary in insurance policies.

Recognize how courts interpret insurance policy ambiguities and the operational definition of insurable interest.

Differentiate between various types of insurance contracts and the concept of indemnity.

Analyze the causes and conditions that terminate an insurer's duty to perform under a policy.

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Definitions:

Cash Flow Hedge

A type of financial hedge that protects against exposure to cash flow risk or uncertainty from variable cash inflows or outflows.

Spot Rate

The existing rate at which a certain currency is available for immediate purchase or sale.

Forward Contract

A financial derivative instrument between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Settlement Date

The date on which a trade is finalized and the buyer must make payment and the seller deliver the asset.