Standards That Do Allow for Normal Downtime and Can Be

question 150

Multiple Choice

Standards that do allow for normal downtime and can be achieved with reasonable amounts of effort are known as:

• A) Ideal standards.
• B) Lax Standards.
• C) Practical standards.
• D) Exceptional standards.

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Definitions:

Fiduciary Duties

Obligations that require individuals in certain positions of trust to act in the best interest of another party.

Insurance Agent

A professional licensed to sell and advise on insurance policies and products on behalf of insurance companies.

Applicant for Insurance

An individual or entity applying for coverage under an insurance policy.

Independent Contractor

An individual who provides services to another entity under terms specified in a contract or agreement, without being legally considered an employee.