Which of the following statements about the principle of insurable interest is (are) true? I. It makes it difficult to measure the amount of an insured's loss. II. It reduces moral hazard
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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a. accounting system. b. cost of goods sold. c. storage of raw materials. d. production process.
According to the text, __________ are the most insensitive to the foreign environment.
A. industrial products B. faddish and consumer products C. basic consumer staples D. high style products
Jurisdiction. Cal-Ban 3000 is a weight loss drug made by Health Care Products, Inc, a Florida corporation, and marketed through CKI Industries, another Florida corporation. Enticed by North Carolina newspaper ads for Cal-Ban, the wife of Douglas Tart
bought the drug at Prescott's Pharmacies, Inc, in North Carolina for her husband. Within a week, Tart suffered a ruptured colon. Alleging that the injury was caused by Cal-Ban, Tart sued Prescott's Pharmacies, CKI, the officers and directors of Health Care, and others in a North Carolina state court. CKI and the Health Care officers and directors argued that North Carolina did not have personal jurisdiction over them because CKI and Health Care were Florida corporations. How will the court rule? Why?
Computer applications help organizations with their processes
Indicate whether the statement is true or false