The first step in "shopping for life insurance" is to
A) estimate the amount of life insurance to purchase.
B) decide whether you want a policy which pays dividends.
C) determine if you need life insurance.
D) decide on the best type of life insurance for you.
Answer: C
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A material person's lien can be obtained on real property by a contractor who has not been paid
and who has: A) Provided materials or labor used on personal property that was located on the real property at the time of providing the materials or labor. B) Provided materials used on the real property. C) Provided materials used on the real property or labor on the real property. D) Provided labor on the real property. E) C and D.
Ralph, a maintenance supervisor for an airline, sees the big picture when he
A) understands that his work affects the safety and lives of thousands of airline passengers. B) recognizes that if he performs well now, he will get a salary increase. C) asks his maintenance technicians to arrive at work promptly. D) suggests that the company install more murals in the waiting area.
Cheryl is a 17-year-old high school student who was elected homecoming queen and does part-time modeling to earn money for college. She has an important interview with a modeling agency and wants to make a good impression, so she withdraws $5,000 from
her savings and buys a designer outfit and a fur coat for the interview. A week later, she returns the coat to the department store and says she would like her money back. The store is reluctant to take the items. What are Cheryl's rights? Explain.
Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:Data used in budgeting: Fixed element per month Variable element per client-visitRevenue $44.50Personnel expenses$26,100 $12.60Medical supplies 600 7.20Occupancy expenses 6,500 2.40Administrative expenses 3,100 0.10Total expenses$36,300 $22.30?Actual results for September: Revenue$93,240 Personnel expenses$50,754 Medical supplies$15,328 Occupancy expenses$11,646 Administrative expenses$3,394 ?The spending variance for occupancy expenses in September
would be closest to: A. $10 U B. $10 F C. $106 F D. $106 U