Companies good at launching new products often have ________ culture that encourages risk-taking and the open exchange of ideas

Why is the replacement cost approach easier to apply to a new building than an old building:

A: Because of depreciation estimates; B: Because historic costs are hard to obtain; C: Because of land valuation problems; D: Because of building code changes.

John purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money when she dies. John is both the ________ and the ________ who will receive the ________ upon the death of Betty, the ________

A) insured; beneficiary; money; policyholder B) policy owner; beneficiary; face amount; insured C) policy owner; insured; face amount; beneficiary D) beneficiary; premium payer; face amount; policy holder E) none of the above