A plan for providing property and liability insurance to individuals in a group under a single program of insurance at reduced rates is called:

The DuPont system allows us to break down the return on equity into:

A. return on assets and the financial leverage ratio. B. profit margin, the tax retention ratio, and inventory turnover. C. gross profit margin, total asset turnover, and the debt-to-equity ratio.

Which of the following is true about "open peril" coverage?

a. It provides coverage for all perils, unless that peril is specifically excluded. b. It provides coverage for scheduled risks. c. It provides coverage for the named perils. d. It does not exclude any perils from coverage.