An insurance company may avoid liability if the insured concealed information on the

application to obtain insurance coverage.

Indicate whether the statement is true or false

TRUE

Business

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The net and economic profits generated by Hoddle Inc. are $320 million and $16 million, respectively, at 8% cost of capital. Calculate the total capital invested

A) $3.8 billion B) $5.6 billion C) $1.25 billion D) $8.8 billion E) $840 million

Business

Guarantees are most effective in two situations. The first is when the company or products are not well known and the second is when the product's quality is ________ to competition

A) not known B) different C) inferior D) equivalent E) superior

Business