Under the PAP, collision losses are settled based on replacement cost.

A business has its building covered under a standardized Commercial Property policy (Policy A). The business has the same building covered under a separate policy that is written under different terms than the standardized policy (Policy B). When there is a covered loss to the building, which of the following statements indicates how the "other insurance" condition of Policy A will require that the loss be settled?

a. Both policies will settle using the "contribution by equal shares" method. b. Policy B will be primary and Policy A will be excess. c. Both policies will pay their "pro-rata share" of the loss. d. Policy A will be primary and Policy B will be excess.

According to the text, which of the following statements about the impact of technology on personal selling is true?

a. The use of technology severely limits the time a salesperson has to spend with his or her customers. b. Technology is a threat to job security for most salespeople. c. Technology is freeing salespeople from tedious administrative tasks, such as placing routine orders, shipping catalogues, and tracking orders. d. Technology has had no impact on personal selling.