Deductibles are not used in which of the following type of insurance?
A) life insurance
B) health insurance
C) property insurance
D) disability income insurance
Answer: A
Business
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People who forgo a high expected value to avoid a disaster with a low probability are:
A) risk takers. B) risk averters. C) risk calculators. D) risk predictors.
Business
A price discount where the discount is based on the total quantity purchased over a given period, regardless of the number of lots purchased over that period, is
A) customer based. B) lot size based. C) supplier based. D) volume based.
Business