Give an example of an industry where production and consumption are separable
What will be an ideal response?
Dry cleaning, lawn mowing, weather forecasting, etc.
Business
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Which of the following is NOT a risk classification that an underwriter would use?
A) Dividend risk B) Standard risk C) Preferred risk D) Substandard risk
Business
Which of the following is a product decision that may be called into question under the law?
A) stealing trade secrets B) misrepresenting C) patent protection D) unfair discrimination E) excessive cost
Business