Joshua's insurance agent delivered his new term life policy to him. Three days later Joshua changed his mind—he no longer wanted the life policy and returned it to his agent. Joshua had paid the initial premium. Under the free-look provision, what is Joshua entitled to receive?
A) The policy's cash surrender value
B) A partial refund of the initial premium
C) A credit that can be applied to the purchase of another policy
D) A full refund of the initial premium"
Ans: D) A full refund of the initial premium"
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Pick any three products that occupy both extremes and the midpoint of the one-period model continuum. Explain why the products occupy these positions and identify the ideal inventory model for determining the best order quantity or each
What will be an ideal response?
What type of impact on the software industry from awarding a large number of patents to IT industry giants such as Microsoft has been documented?
A) the overall number of infringement lawsuits is decreased B) it accelerates innovations among smaller firms C) the growth of small software firms is inhibited D) none of the above