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A risk management teacher instructs his students on certain types of risk management. He teaches this course for 10 years, 2005 - 2015. In year 5 (2010) one of the students in the first year now realizes that the one part of the instruction was wrong and this is why she caused a loss to her company. In year 6 another student has a similar realization. In year 8 (2013) they both bring claims. The teacher had an educator’s errors and omissions insurance policy (yes, this does exist), for years 1 – 5 with Insurer A and bought an extended reporting period endorsement, then bought a policy with Insurer B for years 6 through 10, with a retro date of 01/01/2008. How will these policies respond to the former students’ claims, and any future students’ claims?
Examine two (2) efforts at health reform in the United States that occurred during the 1900s. Determine the major political and social factors that influenced the outcomes for each. Support your rationale with specific examples of such influence. Com..
In a negligence or malpractice case all of the following elements must be present in order to shift the burden of proof onto the defendent except
With so many challenges to a business, how do economic incentives, like profit-sharing, really help to build assets? Are these incentives long-term in nature, or short-term?
compare and contrast ethics, morals, values and bioethics.
Both Dow Chemical Company, a large natural gas user, and Superior Oil, a major natural gas producer, are thinking of investing in natural gas wells near Houston. Both companies are all equity financed. Dow and Superior are looking at identical projec..
Evaluate historical data and prepare assumptions that will drive the planning process. Produce a detailed 2 year cash budget that summarizes cash inflow, outflow, and financing needs.
A certain electrical harness assembly job required 35.0 minutes to complete when a skilled worker did it the first time. The job will be performed to produce 100 harnesses. a) If the learning rate is 85%, what will the time be for the 10th unit an..
When Beryl Buck died in 1975, her will called for establishing a trust "for the benefit of the poor people of Marin County, California." The trust was valued at $7 million at the time of Buck's death. However, Marin County is a very affluent communit..
E-commerce between businesses and consumers is called B2C. What are some examples of each? How do you think each entity (business, consumer) benefits from e-commerce? Bricks and clicks is a business model that incorporates both a physical presence an..
When you have readers from other cultures, you should try to limit your vocabulary. People in the west generally try to:
?Ethical dilemmas associated with offshoring are plenty. Pick one of these dilemmas and make a case either defending your firm’s offshoring activities or arguing against such activities. (Assume that you are employed at a firm headquartered in a deve..
How will you deal with a difficult customer? How can you make relationships with a difficult customer?
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