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Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [13] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...
An Odyssey controller. The Odyssey consists of a black, white, and brown oblong box connected by wires to two rectangular controllers.The console connects to the television set through an included switch box, which allows the player to switch the television input between the Odyssey and the regular television input cable, and presents itself like a television channel on channel three or four ...
A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals.
Bundling is most successful when: There are economies of scale in production.; There are economies of scope in distribution. This can be seen in consumer electronics bundles where a big box electronics store offers all of the components for a home theatre setup (DVD player, flatscreen TV, surround sound speakers, receiver, subwoofer) for a lower price than if each component were to be ...
Obverse and reverse of a Toronto Transit Commission (TTC) single-ride token (designed in 2006); now replaced by the inter-regional Presto smart card. Car washes: their use has decreased in favor of cash or credit cards. Communion tokens were given to church members passing a religious test required for entry prior to the day of communion.
"Arbitrage" is a French word and denotes a decision by an arbitrator or arbitration tribunal (in modern French, "arbitre" usually means referee or umpire).In the sense used here, it was first defined in 1704 by Mathieu de la Porte in his treatise "La science des négociants et teneurs de livres" as a consideration of different exchange rates to recognise the most profitable places of issuance ...
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