If a vessel is sold, the lien goes with the ship, even if the new owner is unaware of its existence
Indicate whether the statement is true or false
True
Business
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The most important actors in a company's microenvironment are its competitors
Indicate whether the statement is true or false
Business
An insurance company estimates its objective risk for 10,000 exposures to be 10 percent. Assuming the probability of loss remains the same, what would happen to the objective risk if the number of exposures were to increase to 1 million?
A) It would decrease to 1 percent. B) It would decrease to 5 percent. C) It would remain the same. D) It would increase to 20 percent.
Business