There are many risks that businesses face, including:
- Competition risk - there could be another business that draws customers away from your company.
- Economic risk- if the economy is doing poorly, it could increase costs or reduce sales
- Reputation - if someone posts a bad review online, how will that effect your sales?
- Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules
- Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)
The correct answer is D. The annual premium for the cheapest policy is $6,644.
A life insurance policy can pay out in the event of the insured's death, whether or not before a specific date, or if the insured is alive on a specific date.
A life insurance policy can also be a mixture of both, in that case it pays out both when you are alive and when you die earlier. Finally, a life insurance policy can provide a periodic payment as long as the insured person is alive or precisely from the moment the insured person dies.
Learn more about insurance in brainly.com/question/13293881
Answer:
The correct answer is the option B: charges the highest bidder only a penny more than the bid of the second-highest bidder.
Explanation:
To begin with, the model of <em>''the second-price auction''</em> is a non-truthful auction mechanism in which every bidder places a bid but with the little particularity that the one who has the highest bid, and therefore the one who gets the first slot, only pays the price bid by the second highest bidder, and this last one only pays the price bid by the third highest bidder and so on. Therefore that this auction mechanism is non-truthful because the bidder does not pay the price he said he would, but he pays the price bid by the other person.
Greater higher!!!!!!!!!!!!!
