Which of the following statements is not true of using insurance to manage business risk?
A) It is possible to use insurance to avoid all types of business risk.
B) Insurance can be expensive.
C) Many small business owners choose too little insurance.
D) Carrying too much insurance wastes money.
Correct Answer:
Verified
Q68: Which of the following is true of
Q69: A contract between two or more parties
Q70: _ are contractual provisions of insurance policies
Q71: _ provides funds to pay the ordinary
Q72: Liability insurance protects a business against:
A) disgruntled
Q74: Fidelity bonds help to:
A) protect against losses
Q75: Which of the following is a risk
Q76: Insurable value is defined as:
A) the amount
Q77: The computers at a graphics design company
Q78: A(n)_ is an amount of loss that
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