Which Type of Insurance Is Probably the Most Neglected Form

question 16

Multiple Choice

Which type of insurance is probably the most neglected form of available insurance protection?

• A)life
• B)liability
• C)disability
• D)car
• E)home and property

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Definitions:

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the short-term liquidity position.

Tax Rate

The rate designated by the state to collect taxes from the profits or income of individuals or firms.

Profit Margin

A measure of profitability calculated as net income divided by revenues.

Professional Office

A professional office is a workspace designed for the use of professionals, such as lawyers, doctors, and accountants, to conduct their business activities.