A company has 1,200 eligible employees for its group life insurance program, and the company pays the total premium. How many employees must be insured to initiate the plan?

A) 1,000 employees
B) 600 employees
C) 900 employees
D) 1,200 employees

Ans: D) 1,200 employees

Business

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The relationship between the price charged for a product and the resulting demand level can be shown in a(n) ________

A) demand curve B) supply curve C) elastic demand slope D) break-even chart E) inelastic demand slope

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In which of the following cases can the holder of an instrument seek recourse from the parties with secondary liability?

A. if the instrument has been physically damaged B. if the instrument is not presented on time C. if the instrument has been dishonored D. if the instrument is found to be forged

Business