Typically a consumer will go to the store and reach for a brand. If the consumer grabs the same brand repeatedly, this is almost always habitual buying, not brand loyalty. In these scenarios the consumer's buyer behavior doesn't go through the normal belief-attitude-behavior sequence.
What is 'Liability' A liability is a company's financial debt or obligations that arise during the course of its business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods or services.
Insurance can be difficult to grasp. Many of the terms used to express coverage sound similar but have completely different meanings. Property damage liability and physical damage coverage are two of the most commonly misunderstood and confused coverage types. The difference between the two is vast, but often mixed up. Property damage is a type of liability coverage. Liability coverage always refers to damages to anotherâs vehicle, property, and/or belongings that results from an accident you caused. All states require drivers to carry at least a mandatory minimum car insurance policy.