With a life insurance contract, an insurable interest must exist

A) at the inception of the contract
B) when the proceeds are paid out
C) as long as the insured lives
D) at the insured's death"

Ans: A) at the inception of the contract

Business

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Monisha is the top executive for a large corporation that makes and sells garden and lawn care products. The company boasts six brands that are made in 14 factories and distributed to thousands of retail locations on two continents. Monisha often feels the need to be in multiple places at once and she deals with continuous diversions of her attention. To be successful, Monisha frequently assigns tasks to others and enables the other leaders to make good decisions when she isn’t there. Which of Porter and Nohria’s findings best explains Monisha’s workdays?

A. Managers are always working and they are in constant demand. B. Managers spend virtually all of their work time communicating with others. C. Managers have to be purposeful and proactive about managing their time. D. Managers rely more on verbal than on written communication.

Business

A fad is more predictable and durable than a trend

Indicate whether the statement is true or false

Business