Deductibles serve three major purposes, and two of those are:
A) reduce moral hazards; save on claims handling expenses
B) reveal moral hazards; eliminate morale hazards
C) reduce morale hazards; save on claims handling expenses
D) reveal morale hazards, eliminate moral hazards
C
Business
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In the Treaty of Amsterdam (1977), the European Union agreed to accommodate the changes brought about by the monetary union and the admission of new members.
a. true b. false
Business
Several persons hold real property as tenants in common. One of the tenants dies. His interest in the property will:
a. pass to his heirs or devises, if any b. pass to the remainderman c. be equally divided among the other owners d. be divided between the other owners in proportion to their ownership interest
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