All of the following are costs to society arising from an insurance system's operation except:
A) payments for losses caused by fraudulent claims
B) payments for losses caused by exaggerated claims
C) use of land, labor and capital to operate the insurance companies
D) payments for losses caused by windstorms such as tornadoes
D
Business
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Todays workers must brush up their marketable skills otherwise they may not find another job after being laid off.
What will be an ideal response?
Business
In an executory purchase contract, the buyer's interest is described as
A) legal title B) ownership in equity C) naked legal title D) free & clear title
Business