The loss settlement under which of the following supports the principle of indemnity?
A) life insurance
B) valued policies
C) replacement cost property insurance
D) actual cash value property insurance
Answer: D
Business
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The uniform-delivered pricing strategy means that goods sold are placed free on board a carrier with the customer paying the freight from the factory to the destination
Indicate whether the statement is true or false
Business
Which of the following is a sociocultural factor that a company should consider before deciding to enter into a new country?
A) political stability B) population density (urban vs. rural) C) education D) income distribution E) consumer lifestyles, beliefs, and values
Business