Which of the Following Is NOT One of the Four

question 7

Multiple Choice

Which of the following is NOT one of the four basic aspects of an insurance contract?

• A)nature of the risk covered
• B)amount of the premium
• C)amount of insurance coverage
• D)duration of the protection
• E)designation of the beneficiary

Discern the connection between business ethics and corporate social responsibility (CSR).

Appreciate the importance of transparency and accountability in financial reporting.

Grasp the distinctions and relationships between ethics, values, and morals in a business context.

Recognize the role of business ethics in building and maintaining stakeholder relationships.

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Definitions:

Par Value

The face value of a bond or a stock, as stated by the issuing company, which may differ from its market value.

Zero-Coupon Bond

A zero-coupon bond is a type of bond that does not pay periodic interest but is issued at a significant discount to its face value and redeemed for its full face value at maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, accounting for interest payments and its current market price.

Rate Of Return

The accumulation or declination in an investment's value over an agreed period, indicated as a percentage of the investment’s beginning price.