All of the following are characteristics of an insurable risk EXCEPT

A) loss must not be catastrophic
B) loss must be measurable
C) loss must be intentional
D) loss must be accidental"

Answer: C) loss must be intentional

Business

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Assets classified as Property, Plant, and Equipment must be both long-term in nature and possess physical substance.

a. true b. false

Business

Corporate values are:

A. a personal matter to be determined by each employee. B. taught by attending company-sponsored seminars. C. instilled by the leadership of outside consultants. D. learned by observing the actions of others in the organization.

Business