Under the principle of rights theory, one person's principles are as "right" as another's
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False
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Net income is another term for revenues
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Identify a true statement about business ethics.?
A. ?Business ethics decrease shareholders' trust in the company. B. ?Business ethics result in recurring fines and legal expenses. C. ?Business ethics attract business from customers who appreciate and support political parties. D. ?Business ethics reduce the economic viability of the communities where these firms operate. E. ?Business ethics attract and keep employees of the highest caliber.
Which of the following statements is true regarding an automatic premium loan provision?
A) Its purpose is to prevent a policy from lapsing because of nonpayment of premium. B) Interest does not have to be paid on an automatic premium loan. C) If the provision is used, the insured must show evidence of insurability to resume regular premium payments. D) An automatic premium loan, unlike a regular policy loan, is forgiven if the insured dies before the loan is repaid.
Finance is concerned with the process institutions, markets, and instruments involved in the transfer of money among and between individuals, businesses, and government
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