Even Though Insurance Costs Cannot Be Used for Building Net

question 105

True/False

Even though insurance costs cannot be used for building net worth, insurance should be given consideration before making investments.

---

Definitions:

Objectivity

The practice of being unbiased, not influenced by personal feelings or opinions in considering and representing facts.

Competitive Advantages

Qualities that allow a company to perform better than its competitors, such as superior products, lower costs, or better branding.

Cost Advantages

Economic benefits that an organization gains due to lower production costs, often leading to competitive pricing.