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Effects of stating wrong or false facts to insurer
What will an insurer do if it learns that an applicant misstated his or her age on a life insurance application? Buster Brow knowingly tells the insurer his age is 28 when he is actually 38. What effect will this lie have on his insurance contract? What action should the insurer take if the misstatement is found out after Buster dies?
Explain how has learning about marketing concepts given you a better understanding of the market place and explain how businesses and consumers make decisions?
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Explain and Identify an organization and that you believe operates as a relatively closed system
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