The amount an insurer charges per $100 of exposed property value is called the:
A) rate
B) premium
C) expense ratio
D) funding ratio
A
Business
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Explain the three reasons why companies often choose not to develop their own compensation surveys
What will be an ideal response?
Business
Businesses typically sell for several times their income, because the future stream of income is being sold. The price of the business is its ________
A) Present value B) Future value C) Five time earnings D) Past value E) Value prior to start-up
Business