Answer:
1. Ellen would only be able to recover the $500,000 insurance proceed if she should be able to find a technicality in the insurance company's rules and regulation. <em>This is because, strictly following the rules, there is nothing she can do regarding to the claim.</em>
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2. It is not ethical for the insurance company to deny the claim of Ellen on the basis of technicality but when viewed from another perspective, they are strictly following the rules of the insurance organization and applying it to the later.<em> It is now left for the claimant to find another technicality on why he or she must be paid the insurance claim.</em>
Explanation:
Minimum of 2 years word experience. :)
Answer:
Differentiate their products
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
examples of monopolistic competition are restaurants
A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry
I believe the answer is: Savings
When you experience a sudden emergency without preparation, you would most likely take out some percentage of money from your life savings to survive the crisis.To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.