Under a defensive strategic market plan, calculate the market share of a company that generates sales revenue of $50 million in a market where the total demand is $493 million

Which statement about risk management techniques is true?

I. Using retention limits the liability of the firm to a specified amount. II. Risk transfer can be more expensive than risk retention. (a) I only (b) II only (c) both I and II (d) neither I nor I

Receipt of a share of business profits is prima facie evidence of a general partnership

Indicate whether the statement is true or false