Which of the Following Statements Is True? Please Select All

question 3

Multiple Choice

Which of the following statements is true? Please select all that apply.

• A) Companies cannot be sued by their shareholders.
• B) Companies are owned by their shareholders.
• C) Companies are run on a day-to-day basis by their directors.
• D) Companies are always big businesses.

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Definitions:

Duplication of Payment

An error or fraud resulting in the repeated payment for a single invoice or service.

Individual Insurance

A type of insurance policy purchased by an individual to cover health, life, or other personal risks, distinct from group policies.

Group Health Insurance

A health insurance policy purchased by an employer or organization that covers the eligible individuals within that group, often at a reduced cost.

Subscriber

The person who has been insured; an insurance policyholder.