At a Trade Show,a Police Officer Discovered a Flashlight Made

question 3

Multiple Choice

At a trade show,a police officer discovered a flashlight made by KAS Systems that could be used to check alcohol levels without anyone knowing what he was doing.Prior to the show,the KAS system was a/n ________ for the police officer.

• A)convenience product
• B)homogeneous product
• C)unsought product
• D)specialty product
• E)shopping product

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Definitions:

Health Care Costs

The total expenses for services rendered by healthcare providers, including hospitals, doctors, and medication.

Premium Payment

The amount paid for an insurance policy, either regularly or as a lump sum.

Flood Insurance

A specific insurance coverage against property loss from flooding, typically required for buildings in designated flood-prone zones.

Pooling Of Risk

The practice of spreading financial risks among a large number of participants, thereby minimizing the overall impact to any single participant.