In an insurance contract, the payment of consideration is called a(n) ________.

A. valued policy
B. issue
C. premium
D. negotiable instrument


Answer: C

Business

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Horizontal fitoccurs when all the internal elements of a work system complement and reinforce one another.

Answer the following statement true (T) or false (F)

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Use the information provided in Table 1.2. What is the multifactor productivity of the new process?

A) less than or equal to 8.0 B) greater than 8.0 but less than or equal to 10.0 C) greater than 10.0 but less than or equal to 12.0 D) greater than 12.0

Business

In certain circumstances, bargains are so oppressive that the courts relieve innocent parties of part or all of their duties

Indicate whether the statement is true or false

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If external financing needed cannot be obtained due to poor market conditions, a firm could reduce

the amount needed by increasing its retention ratio. Indicate whether the statement is true or false

Business