Which of the following is true about the mandatory free look in a Life Insurance policy?
A It applies only to term life insurance policies.
B It is optional on all life insurance policies.
C It commences when the policy is delivered.
D It commences when the application is signed.
C It commences when the policy is delivered.
The free look provision is a mandatory provision that allows the insured to examine a policy, and if dissatisfied for any reason, return the policy for a full refund of any premiums paid
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The most important purpose of a turnaround document is to
a. serve as a source document b. inform a customer of the outstanding amount payable c. provide an audit trail for the external auditor d. inform the bank of electronic funds deposits
Why is it personally important to understand organizational politics?
What will be an ideal response?
One hedging method with exposure netting is to work with groups of currencies rather than individual ones.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1. The 1970s saw an increase in confrontations between management and labor due to worker dissatisfaction with repetitive and narrowly defined jobs as well as work line speedups and confrontational discipline. 2. Quality of working life programs introduced in the 1970s were largely designed to address problems with worker fatigue, boredom, and alienation that were associated with mass production. 3. Quality of working life programs were largely unsuccessful because they could not change the underlying structure of work organized around scientific management principles. 4. Total quality management programs are an example of reengineering attempts to improve the efficiency of the workplace. 5. Job control unionism and business flexibility go hand-in-hand.