Should Elton's deception be discovered, he could be charged with Insurance Fraud, for breaking the conditions and the terms of the car insurance contract he agreed upon with the company. The fact that he sought opportunity for profit, by reporting falsely, he broke the Principle of Utmost Good Faith, which requires the complete information from the person getting the insurance.
Answer:
True
Explanation:
<u>Price system in economics, is component of the economic system which uses the prices that are expressed in any form of the money for valuation and the distribution of the goods and the services and factors of the production.</u> All modern societies use the price systems to allocate the resources except for the possible remote and the primitive communities.
Price system can be either the fixed price system in which the prices are administered by the government organization, or it may be the free price system where the prices are determined by the supply and the demand uninhibited by the regulations.
The correct answer is A. Sources without source qualifiers.
Explanation:
In a speech or text, it is important to support major points using credible sources. Besides this, when introducing these sources, it is essential to include source qualifiers that explain the relevance of the source and what makes this credible or the qualifications of this source. This cannot be omitted because the source qualifiers make the source credible and therefore, contribute to the support of your ideas. Thus, to support a point effectively what should not be done is include "sources without source qualifiers".
Answer:
The adjusted balance method is an accounting method that bases finance charges on the amount(s) owed at the end of the current billing cycle after credits and payments post to the account.
Explanation:
