Choose the best word or phrase to complete each sentence. 1.is a financial service that offers a kind of in the event of unforeseen damage, injury, or cost. 2.A is the cost of a type of insurance that is paid at regular intervals.

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.