A claims-made liability insurance contract pays for:

A) injuries suffered by the insured during the policy period
B) defense costs if the insured is sued, but not for actual damages awarded to a plaintiff
C) claims only when an insured is sued, but does not pay for defense costs
D) claims filed against the insured during the policy period

D

Business

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Disintermediation is one method to address potential problems related to the ________ characteristic of services

A) intangibility B) responsiveness C) perishability D) personalization E) inseparability

Business

Markets that will do well in the future include telecommunications and the energy sector

What will be an ideal response?

Business