The only reason a person would buy life insurance is to eliminate or substantially reduce the financial consequences of that person's death by providing income to his or her dependents
Indicate whether the statement is true or false.
Answer: FALSE
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Products such as insurance, cemetery plots, and smoke detectors are examples of ________ goods that are products that the consumer does not know about or does not normally think of buying
A) specialty B) unsought C) heterogeneous shopping D) homogeneous shopping E) convenience
According to Richard DeGeorge, which statement presents a condition that makes blowing the whistle on a company not just permissible but obligatory?
A. A threat of serious harm exists. B. The harm to be prevented overrides the harm done to the firm and to other employees. C. The whistle-blower has exhausted all internal channels for resolving the problem. D. The whistle-blower has good reason to believe that blowing the whistle will prevent the harm.
Higher profits
A. protect competitors from each other. B. encourage large-scale advertising. C. attract competition. D. increase social responsibility. E. promote even allocation of resources.
In order to reach goals of high dollar returns on your investments, what must you generally give up?
A. Risk B. Safety C. Stocks D. Money E. Return