To Help Consumers Assess and Compare Its Airline Service, Frontier

question 366

Multiple Choice

To help consumers assess and compare its airline service, Frontier Airlines uses personable animal characters in its advertising to announce and describe benefits, such as leather seats and stretch seating, to help deal with the

• A)incongruity of the service.
• B)inseparability of the service.
• C)intangibility of the service.
• D)inflexibility of the service.
• E)interdependence of the service

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Definitions:

Annual Interest Rate

The annual interest rate is the percentage of principal charged by the lender for the use of its money over one year.

Down Payment

An initial upfront partial payment for the purchase of expensive items/services such as a home or a car.

Annual Payments

Payments made once a year, often related to loans, leases, or insurance policies.

Lease

A contractual agreement where one party, the lessor, grants another party, the lessee, the right to use an asset for a specified period in exchange for payments.