Aside from direct costs of bankruptcy, a firm may also incur other indirect costs such as ________
A) loss of customers and loss of suppliers
B) loss of interest receipts
C) loss of dividend receipts
D) increase in raw material costs
A) loss of customers and loss of suppliers
Business
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Bill purchased a nonparticipating life insurance policy. The cash value was based on the insurer's present mortality, expense, and investment experience. His premium was guaranteed for an initial period, and is "re-determined" after three years. Bill purchased:
(a) universal life insurance (b) variable life insurance (c) current assumption whole life insurance (d) indeterminate-premium whole life insurance
Business
Global marketing is based on a systematic analysis of customer behavior in each market
Indicate whether the statement is true or false
Business