In case of an indirect channel, the company has direct contact with the end-customer
Indicate whether the statement is true or false
FALSE
Business
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State X's premium tax rate is 2 percent. State Y's premium tax rate is 3 percent. State X insurers are required to pay the 3 percent rate on business written in State Y
State X requires insurers from State Y to pay a 3 percent premium tax on business written in State X, even though the premium tax rate is only 2 percent in State X. This practice is known as a A) tax tariff. B) guaranty fund assessment. C) risk-based capital requirement. D) retaliatory tax law.
Business
In a short essay, list and discuss two contingency variables that should be considered in determining an appropriate structure in organizational design
What will be an ideal response?
Business