Managing risk includes taking action to foster the likelihood of occurrence or the impact of such unfavorable events

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Describe the steps in the organizational development model.

What will be an ideal response?

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A repayment plan under a Chapter 11 bankruptcy must either be accepted unanimously or pass the "best interests of creditors" test

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements concerning individual medical expense insurance is (are) correct?

I. Once the deductible is satisfied, no additional deductible is payable during the calendar year. II. Family deductibles are substantially higher than individual deductibles. A) I only B) II only C) both I and II D) neither I nor II

Business

Actual authority give the agent:

a. no real authority b. the power and right to change the principal's legal status c. the power and right to make all decisions for the principal, even on matters where the agent does not have authority d. a 50% ownership share in all the principal's assets e. none of the other choices are correct

Business