In Using the Internet to Price Insurance, Which of the Following

question 111

Multiple Choice

In using the Internet to price insurance, which of the following is not true?

• A) It is fast and convenient.
• B) It is usually more expensive.
• C) There is less pressure.
• D) You can compare rates among several companies at once.

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Definitions:

Unused Debt Capacity

Refers to the additional amount of debt a company can incur and still be within its targeted financial ratios.

Cash Flow

The complete sum of funds moving into and out of a company, particularly influencing its ability to meet short-term obligations.

Merger

A strategic move where two or more companies combine their operations, assets, and financials into a single entity, often to expand market share or capabilities.

Mutual Funds

Investment vehicles that pool money from various investors to purchase a diversified portfolio of stocks, bonds, or other securities.