Examlex
Fred bought life insurance five years ago.He forgot to tell them that he had a heart condition,and,as a result of that condition,he recently died.Which of the following provisions prevents the life insurance company from refusing to pay his beneficiaries because of his original misrepresentation?
External Costs
Costs of an economic activity that are not borne by the participants in the activity but are imposed on others, such as pollution.
Competitive Free Market
A market structure where many firms offer products or services that are similar, allowing for free entry and exit, with prices determined by supply and demand forces.
Marginal External Cost
The cost imposed on a third party not involved in a transaction or activity due to an additional unit of production.
Methane Gas
A potent greenhouse gas with a simple chemical formula CH4, commonly produced by the decomposition of organic materials and digestive processes of animals.
Q3: An insurance claim is a request for
Q12: Which of the following types of stock
Q20: When Brett's apartment lease ends,he should receive
Q26: A process used to settle grievances in
Q48: Financial reports from advisory services include all
Q73: As investors approach retirement age,they are often
Q83: Why do investors purchase corporate bonds?<br>A) Dividend
Q108: List two short-term investing techniques.
Q121: Dividends for common stock must be in
Q145: Inflation risk deals with<br>A) A reduction in