Which of the Following Statements Is False

question 14

Multiple Choice

Which of the following statements is false?

• A)factory mutuals insure only highly protected risks
• B)a stock insurance company is a profit making venture in both life and property insurance
• C)dividends are paid to stockholders of stock companies
• D)in stock companies, non insured stockholders bear none of the risk of loss

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Definitions:

Primary Processes

The core activities that directly contribute to the production of goods or provision of services in an organization, such as manufacturing, assembly, and service delivery.

Value Chain

A series of activities carried out by a company to deliver a valuable product or service to the market.

Upstream Costs

Expenses incurred in the early stages of a product's lifecycle, typically including exploration and development costs.

Downstream Costs

Expenses incurred later in the production process or in relation to post-production activities.