The price per unit of insurance is called the

A) premium.
B) loss adjustment expense.
C) rate.
D) loss reserve.

Answer: C

Business

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The Equal Employment Opportunity Commission (EEOC) investigated Chen's complaint of workplace discrimination against his employer and sent him a notice stating that it found no reasonable cause for his complaint. What is Chen's next step if he wants to pursue the claim?

A. Chen has 180 days after he receives a favorable letter of recommendation from the EEOC to sue his employer in federal court. B. Chen has 90 days after he receives a right-to-sue letter from the EEOC to sue his employer in federal court. C. Chen has no right to pursue his complaint further. D. Chen has 180 days after he receives a right-to-sue letter from the EEOC to file the same complaint with a 706 agency.

Business

Which of the following types of advertising timing patterns calls for spending all the advertising dollars in a single period?

A) frequency capping B) flighting C) concentration D) pulsing E) continuity

Business