Briefly define waiting period of an insurance policy.

What will be an ideal response?


For a disability policy, the time between when the insured becomes disabled and when the payments form the insurance company begin. It is a form of deductible, in time instead of cash. Also known as elimination period.

Business

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Both Gerald Dworkin and Roger Crisp would argue that critical reflection on a desire is not necessary for that desire to be autonomous.

Answer the following statement true (T) or false (F)

Business

Two popular beverage manufacturing companies in different countries merge together to gain strategic advantages. The merger gives each brand access to a significantly larger market

To effectively reach both markets, the merged company needs to coordinate its promotional mix to produce a consistent, unified, and customer-focused message. In other words, the company needs to use: a. the AIDA model for product promotion. b. integrated marketing communications. c. transformational marketing. d. creative selling.

Business

Winslow Company sold investment land to an unrelated purchaser. The purchaser paid $250,000 cash, assumed Winslow's $600,000 mortgage on the land, and gave Winslow its $580,000 ten-year, interest-bearing note. Compute Winslow's amount realized on sale.

A. $850,000 B. $830,000 C. $250,000 D. $1,430,000

Business

Withholding or falsifying information is acceptable

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

Business