Author Question: The _____ clause in an insurance policy relieves the insurer of responsibility to pay for ... (Read 58 times)

yoroshambo

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The _____ clause in an insurance policy relieves the insurer of responsibility to pay for policyholder's losses below a pre-specified amount.
 a. propitious selection
  b. coinsurance
  c. vigilance
  d. deductible

Question 2

Firms would not exist if
 A) contracts were incomplete.
  B) residual income equaled normal profit.
  C) income was spontaneously earned.
  D) contracts were complete.



coreycathey

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Answer to Question 1

D

Answer to Question 2

D



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