Which of the following is a disadvantage of decentralized management?

Any person who owns a license to trade on the NYSE is called a:

A. dealer. B. floortrader. C. DMM. D. member. E. proxy.

A(n) ________ is a clause in an insurance policy that provides that insurance proceeds are payable only after the insured has paid a specified amount toward the damage or loss

A) incontestability clause B) coinsurance clause C) exclusions from coverage clause D) deductible clause