Answer:
D. Shortages abound due to the fact that the government cannot rely on good information.
Answer:
In a capitalistic society, the production and pricing of goods and services are largely determined by supply and demand the free market but some government regulation and oversight may occur. In contrast, a free market system is ruled entirely by demand and supply, and there is little or no government regulation.
Explanation:
The answer to your question is False
Answer and Explanation:
A life insurance policy assures a lumpsum amount to the beneficiaries of the deceased policy holder against premiums paid during the holder's life.
There are a variety of insurance policies available for different amounts that one can subscribe to. Contingent beneficiary can be termed as second nominee to the policy holder's policy. In case the main or primary beneficiary is dead or declared lunatic by law, the policy proceeds can be claimed by the contingent beneficiary. The name of the contingent beneficiary is put in the policy agreement by the holder.
