There Are Specific Requirements for Insurability Which Include

question 43

Multiple Choice

There are specific requirements for insurability which include:

• A)the value of the actual loss must be possible to determine.
• B)the risk cannot be selected.
• C)the risk must be within a single geographical area.
• D)there must a pool of insurers who will accept the risk.

Learn about the potential impact of management capabilities and business success on securing financing.

Grasp the significance of strategic business planning and execution in attracting investment and securing loans.

Understand the existence and purpose of government lending programs for stimulating small businesses.

Recognize the factors contributing to the success of obtaining funding for a new venture.