The answer for that is True. A person must have contractual capacity to be an agent.
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Who agrees to pay for certain types of losses in exchange for payments on a policy?
An insurer. An insurer is someone representing a company that is insuring someone else. When you are insured, you are paying for a policy and if you need to file a claim against your policy, the insurer will pay out the loss.
Answer:E. Laura worked closely with Amanda over a period of eight months.
Explanation: As a manager, Laura has worked with Amanda for a period of time. As her manager, supervising her work over a period of time made her feel she is capable of handling a project on her own without been supervised or told what to do. But she is wrong or has been proven wrong by Amanda's inability to handle the project as the project is falling behind schedule.
Answer:
Option (a) is correct.
Explanation:
The law of comparative advantage states that a country is producing and exporting a good in which it has a comparative advantage and importing a good in which it has a comparative disadvantage.
Therefore, this will make the countries more specialized and there is an exchange of goods among the trading nations.
Each country is then specialized in the production of a good in which it has a comparative advantage and hence, the joint output of the trading nations increases.
