Which of the following perils is not included in the causes-of-loss basic form of the ISO commercial package policy?
A) fire
B) lightning
C) explosion
D) flood
Answer: D
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Barsness Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for November. Fixed Element per MonthVariable Element per Well ServicedActual Total for NovemberRevenue $4,400$190,100Employee salaries and wages$56,800 $1,100$103,400Servicing materials $700$29,800Other expenses$34,800 $35,300When the company prepared its planning budget at the beginning of November, it assumed that 39 wells would have been serviced. However, 43 wells were actually serviced during November.The amount shown for "Other expenses" in the planning budget for November would have been closest to:
A. $35,050 B. $34,800 C. $32,016 D. $35,300
Both act and rule utilitarians focus on verifying whether an act is ethically good or bad
Indicate whether the statement is true or false
The textbook used the example of Yolande, who adopted the practice of calling her employees “colleagues” from another firm whose business model she admired. This is an example of which concept below?
a. Scanning b. Mimicry c. Vicarious learning d. Grafting
The letter of last instructions is a legal instrument for transferring property at death
Indicate whether the statement is true or false.