Bob applies for an insurance policy and, because of his medical history, is required to submit an attending physician's statement. he receives the evaluation, and the report is submitted. the underwriting department still has further questions but is unable to get further information from the physician. what will the insurer most likely do?

The insurance company will not issue Bob a policy until all their questions have been answered. No company will issue a policy unless they are certain about the health condition of the insured individual.

Since the first physician was not able to answer all the insurer's questions, they will probably request Bob a second visit to another physician without any cost for Bob. The company should pay for this second opinion.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

hi there,

do u need ? ?

thx