How do deductibles affect moral hazard?
What will be an ideal response?
Moral hazard refers to the concept that policyholders engage in behavior that will be to the detriment of the insurance company, in that the behavior will lead to a higher (expected) payout by the insurer. If the policyholder must pay a deductible he or she will be also financially responsible for his or her actions.
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status quo means ______.
a. things as they are b. a constant state of change c. contextualizing what is going on d. none of these
Thomas has just conducted a focus group for Apple, asking participants their opinions regarding new features Apple is considering for its iPhone. Apple's marketing manager wants to use the results of this focus group to justify immediate product changes and new promotional strategies. As the marketing researcher, how would you respond?
What will be an ideal response?
What is the value of “Training” for Case 5?
a. 10
b. B
c. 20
d. C
Beta Corporation recently purchased 100% of XYZ Corporation stock. You are their CPA. What tax issues need to be addressed before determining whether or not to file a consolidated tax return?
What will be an ideal response?