Which of the following statements is (are) true regarding investment returns and the underwriting cycle?
I. Investment returns have no impact upon the underwriting cycle.
II. Investment returns can lengthen the duration of a soft market by offsetting underwriting losses.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
You might also like to view...
______ is the special vocabulary of a coculture that enables the members of the coculture to develop both an identity and a sense of community.
A. Arlo B. Argot C. Agate D. Arno
Which of the following is a difference between a private jury trial and summary jury trial?
A) A summary jury trial lasts only for a day, whereas a private jury trial usually lasts longer. B) The jurors in a summary jury trial are aware that their decision is not binding, unlike in a private jury trial. C) A summary jury trial ensures confidentiality, whereas a private jury trial does not. D) A summary jury trial can lead to the development of a two-tier system of justice, unlike that of a private jury trial.
________ ________ management involves the planning, direction, and control of personal selling activities.
Fill in the blank(s) with the appropriate word(s).
A result of concurrent engineering in product design is:
A) speedier product development. B) lower quality. C) less customer demand. D) higher costs. E) all of the above.