Which of the following statements about reciprocal exchanges is (are) true? I. Reciprocal exchanges usually specialize in health insurance. II. Reciprocal exchanges are unincorporated mutual insurance companies

A company that intends to maintain low-end pricing policies to make the market unattractive for its competitors is using which of the following pricing objectives in its price planning?

A) sales B) profit C) break-even D) competitive effect E) customer satisfaction

Which of the following can end the existence of a corporation?

A) voluntary termination by shareholder B) death of a shareholder C) bankruptcy of a shareholder D) voluntary termination by the corporation's creditors