Corporation can have one or more owners called ________________, operates under a name distinct from the names of its owners.
Fill in the blank(s) with the appropriate word(s).
Ans: shareholders
Business
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A cost that changes with the level of output is called a(n)__________cost
Fill in the blanks with correct word.
Business
Which of the following statements is true regarding covered losses under the commercial crime coverage form?
A) Theft committed by business partners of the named insured is covered. B) Money surrendered as a result of an extortion threat is covered. C) A loss that results from disclosure of confidential business information, such as a patent to trade secret, is covered. D) Liability associated with data security breaches is excluded.
Business