An insurance company that is owned by its policyowners is known as
A) a mutual life insurance company
B) a parent company
C) a stock insurance company
D) a domestic company"
Ans: A) a mutual life insurance company
Business
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A) currency will depreciate over time B) country's economy is weak C) currency will appreciate over time D) country's economy is strong
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A ________ is a shared ownership in a foreign business
A) licensing agreement B) greenfield investment C) joint venture D) wholly-owned affiliate
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