The co-insurance provision on homeowners' policies
A)
is meant to eliminate homeowners claims for small losses.
B)
means that the homeowner will receive less than 100% reimbursement on all losses.
C)
implies that more than one insurance company may be responsible for the losses.
D)
provides an incentive for homeowners to insure their homes for 100% of replacement cost.
D
You might also like to view...
Which of the following is the final step involved in the design of a point plan for job evaluation?
A. apply plan to non-benchmark jobs B. determine compensable factors C. communicate the plan and train users D. prepare a communication manual E. conduct job analysis
Managers need to ________ so that employees will discuss problems in meeting goals, rather than resorting to unethical and possibly illegal behavior.
A. keep the lines of communication open B. maintain accurate records of employee performance results C. incentivize employees to achieve goals at all costs D. penalize employees for failure to achieve goals E. lavishly reward high achievers
Why would there be both types of tranching in a nonagency deal but only one type of tranching in an agency deal?
What will be an ideal response?
SNMP stands for Simple Network Management Protocol
Indicate whether the statement is true or false