- Canada's GDP in 2019 was about Select one: a. 8.3 trillion. b. 950 billion. 1.6 trillion. 3.6 trillion. e. 275 billion.
- Managers and supervisors should be aware that the health and safety officer must inform the employer and employee __ of the decision as to whether there is a danger. Select one: A. in-person B. through the Minister C. through the safety officer D. in writing E. both b) and d)
- Part III FILLS THE BLANK SPACE (6 pt) 1. __ is written for a ear or for a specified number of years and terminates automatically at the end of the designated period. 2. __ is a type of contract under which the insured may renew his policy before its expiration date without making another medical examination or otherwise proving that he still is insurable. PART HI. WRITING 1.Write the basic types of life insurance (10 pt.) 1. __ 2. __ 3. __ 4. __ 2. Write and explain the classification of term life insurance(8 pt)
- PART I. WRITE TRUE IF THE STATEMENT IS CORRECT AND WRITE FALSE IF IT IS INCORRECT (2 pt. each) 1. An insurable interest may be applied on life, property, or potential liability. 2. A persen has not an interest in the sums he may be called upon to pay to third parties as a result of accident. 3. The principle of indemnity states that a person may collect more than the actual loss in the event of damage caused by an insured peril. 4. Only contracts in property and liability insurance are subject to principle of indemnity. 5. Subrogation spepplied only to policies which are conflicts of indemnity.
- Which of the following best defines the term aggregate output? Select one: a. The conditions of the economic system in which an organization operates b. The total quantity and quality of goods and services that a country'citizens can purchase with the currency used in their economic system c. The total quantity of goods and services produced by an economic system during a given period d. The measure of economic growth that compares how much a system produces with the resources needed to produce it e. The pattern of short-term ups and downs in an economy
