NetJets, Which Is the First Time-Share Program for Aircraft, Cuts

question 53

Multiple Choice

NetJets, which is the first time-share program for aircraft, cuts transaction costs by:

• A)providing economic service to its passengers.
• B)being responsible for crews, maintenance, and compliance with Federal regulation.
• C)reducing the time taken for traveling between destinations.
• D)allowing owners to transfer their shares, change the size of their shares, and purchase shares of other planes.

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Definitions:

Elaborate Rituals

Complex sequences of behaviors or practices performed according to a prescribed order, often seen in religious, cultural, or psychological contexts.

Losing Weight

The act of reducing body weight through means such as diet, exercise, or surgery, often aimed at improving health or appearance.

Gaining Weight

An increase in body mass, typically due to an excess of calorie intake over calorie expenditure.

Body Mass Index (BMI)

A numerical computation that assesses an individual's body weight in relation to their height, used as an indicator of obesity and underweight.