What type of insurance would cover fire or burglary damage? 

A. Property
B. Workers' Compensation
C. Life
D. Bonding


Answer: A

Business

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With reference to the different types of markets, compare pure competition with monopolistic competition

What will be an ideal response?

Business

L & M loaned Joan $400 so that she could buy her textbooks for the current semester. L & M's terms for repayment of the loan (including interest) are $200 in two months, $200 in four months, and another $100 at the end of the fifth month. The legal maximum rate of interest on this type of loan is six percent per annum. L & M's loan is usurious

a. True b. False Indicate whether the statement is true or false

Business

Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the firing cost for month of February using the chase production strategy. The average number of hours required to produce a pair of skis is 8 hours, and the number of worker hours per month is 160. The current workforce is 100. The firing cost per worker is $200.


a. $12,000
b. $15,000
c. $20,000
d. $10,000

Business

In a takeover bid, target management may offer to repurchase the bidder's shares at a large premium if the bidder promises to cease and desist. The premium payoff is called (i), and the agreement to cease and desist is called a (ii)

(i) (ii) a. subornation stand down agreement b. subornation standstill agreement c. greenmail standstill agreement d. greenmail stand down agreement

Business