In ratio analysis, the ratios are never expressed as a
a. rate.
b. negative figure.
c. percentage.
d. simple proportion.
b. negative figure.
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An attractive way of illustrating trends and changes over time is to use a ________
A) bar chart B) histogram C) line chart D) pie chart E) streamline
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The principle of utmost good faith:
A) holds the insurer to a higher standard of honesty B) does not apply in life insurance C) holds the insured to a higher standard of honesty D) requires the insurer and insured to enter the contract with utmost good faith
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