Organizational mission statements accomplish which of the following?
A. They offer a standard format for reporting the missions of top-performing organizations.
B. They summarize the policies of the organization that employees must follow.
C. They deliver specific and detailed information to target publics.
D. They help employees set priorities and goals related to the company's mission.
E. They spell out the organization's future goal and strategy.
D
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The principle of insurable interest, in regards to a life insurance contract, is accurately described in which statement?
A) An agent establishes insurable interest B) An individual does not have insurable interest on his or her own life C) Insurable interest only pertains to business arrangements D) Insurable interest can be based on the love and affection of individuals related by blood or law
Fixed Principal Commercial Loans can use either a fixed amount of interest or a variable
amount. Indicate whether the statement is true or false