The property and liability insurance industry is characterized by a repetitive pattern of loose underwriting standards with low premiums followed by tight underwriting standards with high premiums. This repetitive pattern is called the
A) underwriting by exception method.
B) business cycle.
C) underwriting cycle.
D) account underwriting method.
Answer: C
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Answer the following statement true (T) or false (F)
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a. Four b. Seven c. Sixteen d. Twenty-six
GroundCover Pools, Inc., agrees to build a swimming pool for Franci, but fails to complete the job. Franci hires EquiAqua, Inc., to finish the project. Candy may recover from GroundCover
A. the contract price less costs of materials and labor. B. the contract price. C. the costs needed to complete construction. D. profits plus the costs incurred up to the time of the breach.
Two types of distributed data processing are horizontal and _________ partitioning
Fill in the blanks with correct word