A policy for term life insurance is also called ordinary or straight life insurance.

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


False

Business

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Clark created a group as part of the organization’s structure. This type of group is known as ______.

a. network b. cross-functional group c. informal group d. formal group

Business

Effective leaders set a direction and develop an organization so that it is committed to excellence and ________ behavior.

A. ethical B. performant C. strategic D. positive

Business

Kitsch Niche Corporation is a noninvestment company that wants to issue $3 million of stock in a twelve-month period. Kitsch Niche, with less than $20 million in annual sales, qualifies as a small business issuer. Before Kitsch Niche sells the stock, it must provide investors with

a. an offering circular. b. a notice of the issue. c. a red herring prospectus. d. a tombstone ad.

Business

The RUPA treats a partnership as a legal entity in all but which of the following respects?

A) Title to partnership property B) Continuity of existence C) Legal actions by and against the partnership D) Unlimited liability for partnership obligations

Business