A(n) ________ is a clause in an insurance policy that provides that insurance proceeds are payable only after the insured has paid a specified amount toward the damage or loss

For firms interested in global markets, investments in China are considered to be:

A. too risky and not worth the effort. B. illegal based on World Trade Organization (WTO) rulings. C. an emerging business opportunity. D. dependent on Yao Ming's success in the National Basketball Association.

If a person purchases the right to occupy a unit for a certain designated period each year, this is called:

a. undivided ownership b. time share ownership c. cooperative ownership d. estate for years ownership