The term aleatory is best defined by which of the following?
A. Unequal exchange in value
B. Only one party to the contract is bound by a legally enforceable obligation
C. If in dispute, the courts rule in favor of the insured, not the insurer
D. Both parties to the contract are required to disclose to the other all material information
Ans: A. Unequal exchange in value
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Which of the following statements is true about knowledge workers?
A) The power assumed by knowledge workers in an organization will be limited. B) Knowledge workers are largely badly paid. C) Knowledge workers are more affected than others when an economy slows down. D) An employer cannot simply order knowledge workers to perform tasks. E) It is easy to replace a knowledge worker compared to other people in the organization.
Which of the following statements is true of members of Generation X?
a. They were hit hard by the Great Recession. b. They spend the least on food and family-oriented products. c. They are aged between eighteen to twenty-five years. d. They spend the least on housing than any other cohort.