What is the legal significance of a material concealment by an insurance applicant?
A) The contract is automatically voided from its inception.
B) The contract is voidable at the insurer's option.
C) Loss payments are reduced by the degree of the concealment.
D) The insurer is immediately entitled to a higher premium.
Answer: B
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When a beverage maker came out with a new drink and priced it at half price for a month to attract buyers, the company was using a(n) ________ strategy
A) penetration pricing B) skim pricing C) everyday low price D) trial pricing E) price leadership
The following data apply to Garber Industries, Inc. (GII): Value of operations$1,000 Short-term investments$100 Debt$300 Number of shares100 The company plans on distributing $100 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution?
A. $6.32 B. $6.65 C. $7.00 D. $7.35 E. $7.72
Racine Corporation has excess capacity. If the firm desires to implement the general transfer-pricing rule, opportunity cost would be equal to:
A. the contribution margin forgone from the lost external sale. B. the direct expenses incurred in producing the goods. C. the summation of variable cost plus fixed cost. D. zero. E. the total difference in the cost of production between two divisions.
How are the different facilities integrated into the supply chain network?
What will be an ideal response?