Which of the following statements about Dwelling Property 3 (special form) is (are) true?
I. Personal property is covered only for those perils specifically named in the policy.
II. The dwelling and other structures are covered on an "open perils" (all risks) basis.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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Suppose your bank lowers its minimum balance requirement by $500. So you take $500 out of your checking account and put it into a money market deposit account. What is the overall effect on M1 and M2?
A. M1 falls by $500, M2 rises by $500. B. M1 is unchanged, M2 is unchanged. C. M1 falls by $500, M2 is unchanged. D. M1 is unchanged, M2 rises by $500.
Which of the following actions were approved both by the Antitrust Review in the EU as well as in the United States?
A) acquisition of Honeywell (U.S.) by GE (U.S.) B) joint venture between music businesses of EMI group (Great Britain) and Time Warner (U.S.) C) merger of Sony Music (Japan) and BMG (Germany) D) merger of WorldCom (U.S.) and MCI (U.S.) E) British Airways (U.K.) and American Airlines (U.S.)
Which of the following offers data and other information in the report, without analysis or recommendation?
A) Indirect reports B) Long reports C) Proposals D) Analytical reports E) Informational reports
When developing performance measures, management must consider a number of different issues besides what to measure and how to measure
Indicate whether the statement is true or false