In which of the following losses are you not likely to have an insurable interest?
A)
An oil spill in Alaska that destroys wildlife
B)
The death of your spouse
C)
The death of your child
D)
Damage to your home from a hurricane
A
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Steve is the Vice President of a leading fashion magazine. Every time a new batch of employees joins the company, Steve takes personal responsibility to make a presentation of the company's vision and values. He makes sure that the newcomers get acclimatized and acquaint themselves with the organization's culture. The motive behind this is to pass the same culture to all future employees and maintain and improve the spirit of the organization. In this scenario, Steve is conducting a(n) _____.
a. feedback-intensive development program b. action learning program c. socialization program d. conceptual knowledge program
The measure of damages from a misrepresentation is ________
A) the actual value of the property B) the represented value of the property C) the difference between the value of the property as represented and the actual value of the property D) twice the actual value of the property which includes punitive damages