What is the copay clause in an insurance policy?
A) a clause in a life insurance contract that provides no coverage if the insured commits suicide before a stipulated date
B) a clause in an insurance policy that expressly stipulates the risks that are not covered by the insurance policy
C) a clause that prevents insurers from contesting statements made by insureds in applications after the passage of a stipulated number of years
D) a clause that requires the insured to pay a percentage of an insured loss along with the remainder being paid by the insurer
D
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A(n) _____ change involves introducing a practice that is new to the industry, such as using drones (rather than delivery trucks) to deliver products to customers.
A. revolutionary B. adaptive C. radically innovative D. reactive E. innovative
Property is considered to be mislaid if the owner intentionally placed the property out of his possession with the intent to relinquish ownership of it.
Answer the following statement true (T) or false (F)
People who attribute the cause of events to luck are said to have a high ________ locus of control, while those who attribute the cause of events to ability have a high ________ locus of control.
Fill in the blank(s) with the appropriate word(s).
A market researcher who uses primary research may use which of the following methods?
a. Boolean logic, observational studies, the hidden Internet b. Search engines, normative surveys, interviews c. Stratified random sampling, website "hits," observational studies d. Observational studies, experimental research, normative survey research