If a life insurance policy lapses for nonpayment, within how many years from the date of premium default may the policy be reinstated?

A) 2 years
B) 4 years
C) 3 years
D) 5 years"

Ans: C) 3 years

Business

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________ is the process of quantifying how much one variable's set of features or characteristics are possessed in another variable

A) Reliability B) Sampling C) Validity D) Measurement E) Coding

Business

An advantage of centralization is that it ________

A) keeps the organization focused on organizational goals B) gives top managers ample time to focus on strategic decision-making C) allows lower-level managers to make on-the-spot decisions D) promotes flexibility and responsiveness within an organization

Business