Examlex
Which of the following statements is true of the management function of organizing?
Liability Insurance
A type of insurance that covers a person from damages; most states set minimum liability requirements.
Deductible
The amount paid out of pocket by the policyholder before an insurance company pays the remaining costs.
Straight Line Depreciation
A line that shows a constant decline in the value of something, such as a car that loses the same value each year.
Odometer
A gauge on the dashboard of a car that indicates the distance the car has traveled since it left the factory.
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