A company that adopts a reactive marketing stance would most likely view the marketing environment as an uncontrollable element to which it must adapt

If an insured has actual cash value coverage, how much would he collect given the following facts?

1 ) Replacement cost of the building is $200,000, 2 ) Replacement cost of the loss is $30,000, 3 ) Estimated total useful life is 30 years, and 4 ) Building has been in use 15 years. A) $70,000 B) $45,000 C) $30,000 D) $15,000

The stock of Plomb Co. falls sharply on news that its CEO has drowned in a boating accident while on vacation. This is an example of

A) liquidity risk. B) event risk. C) accidental risk. D) flotation risk.