Kim is asked to serve as a witness to Lian's will. To qualify, Kim must be

a. a collateral heir.
b. a lineal descendant.
c. at least eighteen years old.
d. mentally competent.


D

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_____________ are possible outcomes for chance events that affect the consequences associated with a decision alternative.

A. Payoffs B. Forecasts C. Decision trees D. States of nature

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For the path-goal theory, describe the three important environmental factors that determine appropriate leadership style.

What will be an ideal response?

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The consumer must purchase the (defective) product directly from the manufacturer in order to prevail in strict liability based on express warranty

a. True b. False Indicate whether the statement is true or false

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Group insurance rates are typically lower than individual rates because

A. group insurance does not cover permanent disabilities. B. risks cannot be pooled together in group insurance. C. of economies of scale. D. group insurance lacks guaranteed coverage. E. it is exempt from taxes.

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