The purpose of medical expense insurance is to
A) pay for the recuperative or nursing care needed after a long illness
B) reimburse the insured for expenses incurred for medical care, hospital care, and related services
C) provide periodic payments to an insured who is disabled and unable to work
D) pay for the medical costs of injuries or disabilities contracted in the course of a worker's employment
Ans: B) reimburse the insured for expenses incurred for medical care, hospital care, and related services
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When you have covered all the main points in your speech, you should
A) get ready to end your message on a strong, positive note. B) wrap up as quickly as possible. C) avoid using such phrases as "To sum it all up" and "In conclusion." D) add one new thought to keep the audience thinking about the presentation. E) end with a detailed explanation of how hard you worked on preparing your speech.
The cost of marginal bad debts is found by multiplying a firm's opportunity cost by the difference between the level of bad debts before and after the relaxation of credit standards
Indicate whether the statement is true or false