After an individual life insurance policy has been in effect for 2 years, which of the following is grounds for cancellation?
A) Material misrepresentation
B) Implied warranties
C) Nonpayment of premium
D) Fraudulent statements"
Ans: C) Nonpayment of premium
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A major retailer has recently deployed self-checkout stands at the front of the store. As long as you don't have items like paint, cold medicine, beer, fruits, or vegetables in your shopping cart, you can check out quickly in one of these lines
This retailer is providing a prime example of: A) a tiered workforce. B) the strategy of offloading. C) the strategy of yield management. D) a constraint.
Which of the following types of political risks often is caused by ethnic conflict or civil disorder and includes those random political developments that adversely affect the operations of all companies in a country?
A) systemic political risk B) procedural political risk C) catastrophic political risk D) distributive political risk