The size of an enterprise is determined by?

A. number of customers of the enterprise B. length of the time the firm has been in operation C. amount of capital invested D. type of work done Correct Answer: Option C C. amount of capital invested Explanation Measures of Size: Capital Invested: The Amount of...

An agreement that is enforceable in law is?

A. a contract B. an offer C. an acceptance D. a consideration Correct Answer: Option A A. a contract Explanation A contract is a legally enforceable agreement between two or more parties where each assumes a legal obligation that must be...

An insurance broker is involved in?

A. industrial occupation B. distributive occupation C. commercial occupation D. constructive occupation Correct Answer: Option C C. commercial occupation Explanation An insurance broker sells, solicits, or negotiates insurance for compensation. An insurance broker is...

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