3. What is income? (0.5 points) Money that is earned from work, investments, business, etc. 4. What is a projection?
Lesson 1 (3.0 points) 1. What is a pure risk? (0.5 points) Risk involved in situations that present the opportunity for loss but no opportunity for gain. 2. Why do people take speculative risks?
(0.5 points) A risk of something negative happening, with no possibility for profit or gain. 2. Why do people take speculative risks? (0.5 points) For the hope of gaining a profit 3. What is meeting the deductible?
(0.5 points) By commodity 6. What is a country’s GDP? (0.5 points) gross domestic product Lesson 2 (3.0 points) 1. What is a market economy? (0.5 points) economic system that is regulated by the interactions between producers and consumers.
What are debt services default? (0.5 points) It is the failure to make a payment. 4. What is the Better Business Bureau? (0.5 points) It is an organization that reports on the reliability and ethics of companies and other organizations.
Lesson 1 (3.0 points) 1. What is a pure risk? (0.5 points) Pure risk is a risk of something negative happening with no possibility for profit or gain. 2. Why do people take speculative risks?
(0.5 points) Advertising is when a company pays for messages that are meant to get consumers to notice and want its products. 4. What is a warranty? (0.5 points) A warranty is a specific promise about product performance that is written down in formal documentation and is usually limited to a specific time frame, so it can expire. 5.
The real estate market is categorized in which way? (0.5 points) By commodity 6. What is a country’s GDP? (0.5 points) The value of the goods and services produced in that country. Lesson 2 (3.0 points) 1.
3. What are the six main elements of art? (2.0 points) Color, form, line, shape, space, texture, and value. Lesson 2 (5.0 points) 1. What are at least three tools that are commonly used for digital art?
Task 5 P5 The interviews for the selection of the new manager have now been arranged. Ahmed has asked you to take part in the interviews, during which you must ask at least five questions you have prepared. You will need to take notes of the applicants responses. The interview panel will be Derrick Bailey, the Company Secretary, Ahmed and yourself. Your task is to: * Take part in the interview of an applicant.