Proposals addressed to potential customers and investors

A) are nearly always formal.
B) rarely include a copy of the RFP.
C) are less formal than those addressed to internal audiences.
D) should never include visuals.
E) should always be single-spaced.

Answer: A
Explanation: A) Proposals addressed to external audiences, including potential customers and investors, are nearly always formal. For smaller projects and situations in which you already have a working relationship with the audience, a proposal can be less formal.

Business

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Which of the flowing statements about adverse selection and underwriting provisions is incorrect?

a. Adverse selection means that those individuals with greater risk are more likely to purchase insurance. b. Adverse selection occurs because of asymmetric information. c. Insurers minimize adverse selection by using underwriting provisions. d. Health insurers typically include pre-existing condition clauses. e. Health insurers have unlimited power to set underwriting provisions.

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