Car Insurance Is Usually Only Bought When Needed

question 114

Multiple Choice

Car insurance is usually only bought when needed. In addition, it is not actively searched for by consumers, and requires aggressive personal selling and/or highly persuasive advertising. What type of product is car insurance?

• A)hidden
• B)specialty
• C)equity
• D)unsought

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Definitions:

Mississippi River

One of the longest rivers in North America, flowing from Minnesota to the Gulf of Mexico, and playing a crucial role in the ecology, economy, and history of the United States.

Anaconda Plan

A strategic plan during the American Civil War aiming to blockade Confederate ports and split the Confederacy by seizing control of the Mississippi River.

Union Blockade

A naval strategy used by the Union during the American Civil War to prevent the Confederacy from trading by sea, aiming to weaken the southern states economically.

Confederate Blockade

Describes the effort by the Confederate States during the American Civil War to prevent the Union from shipping supplies to its forces via certain ports, notably through the use of naval blockades.