The loss of usefulness because of deterioration from age and wear is called
a. functional depreciation.
b. physical depreciation.
c. technological depreciation.
d. amortization.
b
Business
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Which of the following is a common reason for new product failure?
A) incorrect estimation of the market size B) low product development costs C) ineffective social marketing campaigns D) low selling prices of products E) patent ownership exclusively held by the company
Business
The inability of the insured to perform some but not all of the important duties of his or her occupation is called
A) residual disability. B) total disability. C) recurrent disability. D) partial disability.
Business