When a provider has market dominance and hence can set its own prices (within reason), it is called a price taker.

a. true
b. false

Ans: b. false

Business

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If you knowingly withhold information that will affect the underwriting decision, you have committed misrepresentation.

a. true b. false

Business

If you have a preferred communication style, you will most likely:

A) use that style exclusively B) change that style as you grow older C) display other communication styles at times D) be unable to understand people with other styles E) need to maintain that habitual style in all contexts

Business