Which one of the following is false concerning subrogation?
A) It reinforces the principle of indemnity.
B) It holds rates below what they would otherwise be.
C) It places the burden of loss on one or more responsible parties.
D) The insured can never receive any money collected through subrogation.
D
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Product liability is an area of torts in which the U.S. courts can make large awards, unlike in other countries.
Answer the following statement true (T) or false (F)
Name at least two other leadership theories you have studied that take leadership ethics into account.
What will be an ideal response?
Separating customers in such a way that they are better directed to the appropriate service process is referred to as?
a. Complementary services b. Reservations c. Demand sorting d. Pricing policies/promotions
The LOT-R Test measures a person’s:
a. Access to lots of venture capital b. How many people they know who can be useful to a business c. Optimistic attitude –the ability to deal with adversity of all types d. Ability to sell a new product