The failure by an applicant to disclose material facts that an insurer does not know but has a right to know is called:
A) misrepresentation.
B) concealment.
C) waiver.
D) fidelity.
B
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An organizational pattern that classi?es main points by logical categories or groupings is called
A) spatial B) topical C) cause/effect D) chronological
All of the following are true for short examples EXCEPT that
a. they support a specific point. b. they are typically no longer than a sentence or two. c. when used in a series they gain power. d. they are known as narratives.
Kendall was excited to begin her new job after she graduated from college. Which of the following purchases would most likely have the greatest perceived risk for her the day before she begins the job?
A. running shoes B. a subscription to The Wall Street Journal C. a new coffee maker D. flowers to decorate her new apartment E. an outfit for her first day
The analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his desk. His weathered hands punched the buttons on his desk calculator deliberately as he divided earnings by total assets in order to calculate:
A) return on assets. B) cost of goods sold. C) merchandise inventory. D) profit margin.