In property insurance, you can purchase insurance based on the expectation of an insurable interest.

A general partner has limited liability in respect to the partnership debts.

a. true b. false

Shockwave Services is a mobile service providing company based in Chicago. In order to expand its market, the firm acquires a travel agency in Chicago that provides tourist packages at low prices

Which of the following offensive strategies is Shockwave Services pursuing? A) divest for cash flow B) enter related new markets C) develop new markets D) harvest for cash flow E) enter unrelated new markets