Situations where the risk is increased by slippery floors, a habit of lying, or reckless drunk driving are best described by which of the following?
A. A peril
B. A hazard
C. Pure risk
D. Cause of loss
Ans: B. A hazard
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Burger King developed a new french fry to compete with McDonald's fry--considered the world's best. Burger King's specifications included that the crunch would last for seven or more chews
The product failed because consumers did not like the fry as much as McDonald's fry. Burger King did not ________ the idea for both technical and commercial value. A) test market B) advertise C) screen D) promote E) style
A(n) ________ is a subsidy that is presumed to be trade distorting because it requires export performance or is contingent upon the use of domestic instead of imported goods
A. nonactionable subsidy B. consumption subsidy C. actionable subsidy D. prohibited subsidy