Commerce & Business Insurance, Inc, has a valid reason to cancel a policy issued to DIY Auto & Truck Parts Company. In most states, Commerce & Business could cancel the policy on?
A) advance oral or written notice
B) oral or written notice but only after arbitration.
C) no notice.
D) advance written-not oral-notice.
D
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Two methods of accounting for cost flows in process costing are ______________________________ and ____________________
Fill in the blank(s) with correct word
Rebecca owes Ian $5,000. Ian needs money in a hurry so he assigns his right to collect from
Rebecca to Janet for $4,500. Several days later, Ian assigns his right to collect from Rebecca to Kristin for another $4,500. Ian then leaves town. Kristin is the first to notify Rebecca of the assignment. In the majority of states, which of the following best describes this situation? A) Rebecca need pay only Janet, since Janet was the first to receive the assignment. B) Rebecca must pay both Janet and Kristin, since a valid assignment was made to each. C) Rebecca need pay only Ian, since debts are not assignable. D) Rebecca need pay only Kristin, since Kristin was the first to give notice to Rebecca.
A dry cleaning establishment is more likely to experience a wide demand fluctuation over time than a cleaning company that specializes in cleaning up after a fire.
Answer the following statement true (T) or false (F)
Pedro is trying to take advantage of the bond valuation relationships. He has figured out that when you expect interest rates to go up, buy ________ bonds and when you expect interest rates to go down, buy ________
A) government bonds; short-term bonds B) interest-indexed bonds; long-term bonds C) very long-term; bonds with very short-term maturities that are not callable D) very short-term; bonds with very long-term maturities that are not callable E) interest-proof; long-term bonds