Purely Physical Companies Are Referred to as ________ Companies,whereas Companies

question 49

Multiple Choice

Purely physical companies are referred to as ________ companies,whereas companies that are engaged only in EC are considered ________ companies.

• A)pure play;virtual
• B)brick-and-mortar;virtual
• C)click-and-mortar;click-and-brick
• D)virtual;pure play

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Definitions:

Credit Default Swaps

Financial derivatives that allow an investor to swap or offset their credit risk with that of another investor.

Insurance Contract

A legal agreement between an insurance company and the policyholder, which specifies the terms for the payment of insurance benefits.

Default

Failure to fulfill a financial obligation, especially failing to make payments on a loan, bond, or other debt instrument.

Nonfinancial Businesses

Companies primarily engaged in activities other than financial services, such as manufacturing, services, or retail.