Which of the Following Is the Primary Difference Between Club

question 31

Multiple Choice

Which of the following is the primary difference between club management and hotel management?

• A) Hotels cost more to operate.
• B) Hotels offer more services than clubs.
• C) Clubs are used more frequently than hotels.
• D) Club members feel more ownership of the property than hotel guests.

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Definitions:

Term-life Insurance

A type of life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term.

Premiums

Periodic payments made to an insurance company in exchange for coverage and protection against financial loss or damage.

Co-payment

A fixed amount paid by a health insurance plan member for covered services, with the remainder being covered by the insurance.

Deductible

The amount paid out of pocket by the policyholder before an insurance policy begins to pay.