In a cost-based contract, the stated price does not change, regardless of fluctuations in the general overall economic conditions

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The death benefit proceeds of a life insurance policy are protected from the beneficiary's creditors unless

A) they are paid to a contingent beneficiary B) they are paid out in installments C) they are paid out in a lump sum D) they are held in trust by the insurer"

Business

A manufacturer of a product in the decline stage of its product life cycle would be LEAST likely to do which of the following?

A) continue producing the product for loyal users B) reduce the advertising budget for the product C) phase out production of the product D) advertise heavily without changing the product or its target market E) withdraw most marketing support for the product and rely on e-commerce

Business