The ________ is a duty of the insurer to protect the insured against lawsuits or legal proceedings that involve a claim within the coverage of the insurance policy
A) duty of strict liability
B) duty to pay
C) duty of reasonable care
D) duty to defend
D
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Psychographics is the science of using psychology and demographics to better understand consumers
Indicate whether the statement is true or false
Refer to Balance Sheet Equation. ORP Corporation Purchases land $9,000 cash and 1000 shares of common stock values at 10 per share. This transaction results in ORP recording an decreasein cash of $9,000, an increase in non-cash assets of $ 19,000 and a increase in ______________________________ of $ $10,000
Fill in the blank(s) with correct word
Income is divided equally among the partners unless the partnership agreement specifies otherwise
Indicate whether the statement is true or false
Which of the following is a period cost for a manufacturing company?
A) office rent B) wages of factory janitor C) insurance cost of production equipment D) raw materials