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1. High insurance deductible usually means:
A. lower premiums
B. Higher premiums
C. No difference in premium
D. you are willing to take on more risk
2. Worker's comp will still pay a claim if the worker was intoxicated at the time of the accident.
A. True
B. False
3. On a depreciating asset most likely the insurance premium would be higher for
A. A replacement cost policy
B. A value based policy
C. This make no difference
D. High deductible policy
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Current trends in operations management do not include
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