Which of the Following Statements Is True

question 43

Multiple Choice

Which of the following statements is true?

• A)The lower your insurance credit score,the higher your homeowner's insurance rate will be.
• B)The higher your insurance credit score,the higher your homeowner's insurance rate will be.

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Definitions:

No-Haggle Price Strategy

A selling approach where the price of a product or service is fixed and non-negotiable, intended to simplify the buying process.

Automobile Dealerships

Businesses authorized to sell new or used cars and often also offer maintenance services, financing, and vehicle registration assistance.

Negotiation

The process of discussing something with another party in order to reach a mutual agreement.

Purchase Decision

The stage in the buying process where a consumer finalizes their choice among products or services and proceeds with the transaction.