Which of the following statements is true?
A) It is easy to obtain hard data relating to services because services' attributes are intangible.
B) Simultaneous production and consumption of services means that you have to do it right the first time.
C) Customer contact leads to a decrease in variability in the process.
D) Service liability issues center around safety concerns.
E) Manufacturing liability issues often relate to malpractice.
B
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Yield curves are more likely to have an downward slope when short-term rates are _____
Fill in the blank(s) with the appropriate word(s).
An individual wishes to purchase whole life insurance but does not wish to pay premiums past retirement age. Which of the following policies should the person buy?
A) Limited-pay B) Graded premium C) Modified life D) Single premium"