William would like to insure his home. He does not want theft or personal liability coverage; however, he would like "open perils" (all-risks) coverage on the dwelling. William should purchase a
A) Homeowners 3 Policy.
B) Dwelling Property 1 Form.
C) Dwelling Property 2 Form.
D) Dwelling Property 3 Form.
Answer: D
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A corporation records a dividend-related liability
a. on the payment date. b. on the record date. c. on the declaration date. d. when the stock sells ex-dividend.
Variance analysis would be appropriate to measure performance in
a. profit centers. b. investment centers. c. cost centers. d. all of the above.
A sharing of profits from the ownership of property creates a presumption that a partnership exists
a. True b. False Indicate whether the statement is true or false
Shelby offers to make digital copies of Relay Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay's acceptance by e-mail will be considered effective when
A. received. B. sent. C. followed up by a confirmation letter sent by regular mail. D. composed on a Relay computer.