Yield Management Systems (YMS)were First Used by Internet Service Providers

question 65

True/False

Yield management systems (YMS)were first used by Internet service providers.

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Definitions:

Premium

The amount paid for an insurance policy, or the cost to acquire an option or financial instrument.

Declaratory Judgment

A court decision that resolves legal uncertainty for the parties involved, without requiring enforcement.

Liability Claim

A demand for compensation or remuneration made against an individual or entity responsible for causing harm or loss.

Insurance Policy

A contract between an insurer and insured, detailing the terms under which the insurer agrees to cover losses or provide benefits.