Checklists are one of several common tools and techniques used for developing a list of project risks

Indicate whether the statement is true or false

TRUE

Business

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The National Association of Insurance Commissioners (NAIC) has drafted a "Life Insurance Policy Illustration" model law that most states have adopted. Which of the following statements concerning this model law is (are) true?

I. The policy illustration must include a narrative summary describing the basic characteristics of the policy. II. The policy illustration must include a numeric summary showing the premium outlay, the value of the accumulation account, the cash surrender value, and the death benefit. A) I only B) II only C) both I and II D) neither I nor II

Business

Marriott Hotels is considering the acquisition of a furniture-making business. What type of strategy is Marriott most likely pursuing?

A) consolidation B) diversification C) concentration D) geographic expansion

Business