Which of the following is not a valid reason to carry Medical Payments coverage?
A) Guests injured in an automobile accident might hesitate to sue their hosts.
B) A negligent host would probably feel a moral obligation to pay for medical bills for injured guests.
C) To facilitate settlement for relatively small amounts of medical expense
D) To provide reasonably priced health insurance for the insured and his family
D
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Financial statement users' demand for assurance is similar to that of a potential home buyer who hires a home inspector in that
A) The buyer [or user] pays directly for this assurance in both situations. B) There are often information asymmetry and conflicts of interest. C) The cost of obtaining information is not relevant. D) Independence is not relevant in either situation.
Together, innovators and early adopters make up about ________ of the potential market for a new product
A) 16% B) 26% C) 34% D) 46% E) 12%