A company was moving from one part of the city to another. During the move, a truck

Causality policy

Explanation:

This policy makes provision for an organization or individual to be insured against any damage to property as a result of negligent acts or omissions.

In this case the property–$250,000 worth of computer equipment held inside the truck was trapped in a flooded underpass, and the circumstances shows there may have likely been negligence on the part of the truck driver.

True

Explanation:

The introduction of a product especially new products into the open market even by established companies face a very serious challenge of taking off and dominating the market easily, this is mainly because of customers Bias about new products or the possible presence of an already established competitor in the market.

Introduction of new products into the markets comes with a huge cost of marketing and advertising to attract and win the attention of potential customers.in most cases the amount of investment made in the new products exceeds the profits been made at the introductory stage of the product hence most companies experience losses