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What Is Wrong with the Following Statement: "Around the World

question 6

Essay

What is wrong with the following statement: "Around the world, prime selling time is between 9
A.M.and 4 P.M.?"
Prime selling time varies from industry to industry and by country.


Definitions:

Insured

A person or entity covered by an insurance policy, protecting against loss or damage from specific risks or incidents.

Insurance Agent

A professional who sells, solicits, or negotiates insurance policies on behalf of an insurance company or individual.

Loss Occurs

Refers to the moment when a financial loss happens due to an insured event.

Insurable Interest

A requirement that a person seeking to purchase insurance has a sufficient stake in the safety or preservation of the insured item or individual to obtain insurance coverage.

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