A construction company that builds skyscrapers is likely to have an operating cycle longer than one year
a. True
b. False
Indicate whether the statement is true or false
True
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ViviTech has embraced the principle of shared information. This indicates that they are shifting away from the mentality of command and control toward one more focused on employee commitment.
Answer the following statement true (T) or false (F)
When a fraternal insurer began operations, it asked each member, regardless of age, to pay $20 per month to the fraternal's group life insurance plan. In exchange, each member received the same amount of life insurance
Soon younger members of the group began to drop out when they realized their premiums were subsidizing a group with a higher chance of loss. Which important underwriting principle was violated in this case? A) An underwriting profit should be attained. B) Moral hazard should be avoided. C) Insureds should be selected according to underwriting standards. D) There should be equity among policyholders.
Dan signs a note "Dan Mason, Agent" without disclosing his principal's name. Dan is liable to a holder in due course without notice that Dan was not intended to be liable
Indicate whether the statement is true or false
Most copyrighted materials now have protection for the life of the author plus:
a. 20 years, the same as the European Union b. 50 years, the same as the European Union c. 70 years, the same as the European Union d. 50 years, the same as the UN Convention e. 75 years, the same as the UN Convention