If Keisuki insures his building for $300,000 and at the time of its total loss the property is valued at $250,000, under an open policy Keisuki would recover $300,000

Indicate whether the statement is true or false


False

Business

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An outstanding check is a check that:

a. Has been presented to the bank for payment but has not been reported on the bank statement b. Has been written by the account holder but has not been presented to the bank for payment c. Is guaranteed for payment by the bank d. Has been written for an amount that is greater than the balance in the account holder's bank account

Business

Which of the following is mentioned in your textbook as a situation in which time is a factor in marketing research?

A) A product is nearing the end of its life cycle. B) The necessary information is already in the firm's internal reports. C) Value can be estimated and a more informed decision may be made justifying or not justifying marketing research. D) Marketing managers can quickly and inexpensively access the data. E) both B and D

Business

______________ power is power based on access to information others need.

a. Legitimate b. Expert c. Coercive d. Referent

Business

The maximum allowable time between completions of successive units on the production line is the ________

Fill in the blank with the appropriate word.

Business