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A new device "Sniffer",used for testing alcohol levels in drunken driving suspects,is priced out of the reach of most law enforcement units.Those units that have bought the Sniffer are extremely pleased with its results and the fact that these results are readily accepted in court.There is nothing on the market today that has the accuracy and the portability of the Sniffer.The manufacturer of the Sniffer is likely to be using a(n) _____ pricing policy.
Agreement
A mutual arrangement, typically in writing, between two or more parties detailing the terms and conditions of a deal or partnership.
Conditional Sale Contract
An agreement to sell an asset where the full payment is due after certain conditions have been met.
Simple Interest
Interest calculated on the principal amount of a loan or deposit, without compounding over time.
Finance Company
A business that provides loans to individuals and commercial customers that may not be able to secure financing through traditional banking channels.
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