A Customer Is Comparing Two Different Cars Advertised Online

question 24

Multiple Choice

A customer is comparing two different cars advertised online.She isn't sure which will be of higher quality.Then she notices that one brand is a Lexus while the other is a brand she hasn't heard of before.In this case the Lexus brand provides _____ to the consumer.

• A)Identity
• B)Equity
• C)Warranty
• D)Protection
• E)Reassurance

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Definitions:

Short-Term Loan

A loan scheduled to be repaid in less than a year, typically used for immediate or emergency financial needs.

Net Cash Flow

The difference between a company's cash inflows and outflows over a specific period of time.

Interest Payment

Interest Payment refers to the regular payment that a borrower makes to a lender for the use of borrowed money, typically part of the debt's service payments.

Cash Balance

The amount of cash a company has available at any given time, including currency, coins, and balances in checking and savings accounts.