Property and casualty insurance protects against losses from fire, theft, storm, explosion, and even neglect

The term "fair market value" refers to

A) what an asset could be sold for today. B) what you paid when you purchased an asset. C) what an asset will be worth at some point in the future. D) how the price of an asset has changed since its original purchase.

The focus of the competitor analysis section of the business plan is to:

A) demonstrate the existence of the market for your product. B) show that your experienced management team is better than your competitors'. C) demonstrate your company's advantage over competitors. D) describe your overall product line.