With group life insurance policies, standard provisions that apply to employees who join during the open enrollment period typically include all of the following EXCEPT
A) a grace period
B) providing proof of insurability
C) conversion rights
D) misstatement of age
Ans: B) providing proof of insurability
Business
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In 2000, Genentech reported a current ratio of 3.96 and in 2001 it was 3.39. In examining their balance sheet for 2001, they disclosed current assets of $2,209 million and current liabilities of $652 million. In 2000, they had no short-term borrowings but they disclosed $150 million in new short term borrowing for 2001. What would Genentech's current ratio have been in 2001 if they had not borrowed those funds?
A. 3.75 B. 4.40 C. 4.10
Business
Another name for on-the-job training is
A. Videoconferencing B. Internet classroom method C. Case studies D. Role playing E. Learning by doing
Business