Answer:
A
Explanation:
The application may contain all the information that underwriting needs to approve the insured
When two or more organizations combine to become one, it is referred to as a merger.
What are the 3 types of mergers?
Vertical, horizontal, and conglomerate mergers are the three basic forms of mergers.
- Horizontal Merger- Companies at the same stage in the same industry unite in a horizontal merger to cut costs, increase product options, or lessen competition.
- Vertical Merger- In a vertical merger, a business acquires another business in the same sector that is frequently active at an earlier or later point in the manufacturing or sales process.
- Conglomerate Mergers -To lower risk, conglomerates consolidate firms that are unconnected to one another.
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The brain and the spinal cord are covered by the central nervous system.
when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so. So the correct answer of your question is True.
Binding Price Ceiling
On the other hand, if a price ceiling's level is set below the equilibrium price that would develop in a free market, it renders the free market price illegal and alters the outcome of the market. As a result, we can begin examining the impacts of a price ceiling by figuring out how a legally binding price ceiling will impact a market that is competitive.
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