Durant obtains a life insurance policy with no cash surrender value or cash value, and names his daughterElise as the beneficiary. This is
a. limited-payment life insurance.
b. term insurance.
c. universal insurance.
d. whole life insurance.
B
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The web server software used has a significant impact on how a website's web pages look on a user's computer.
Answer the following statement true (T) or false (F)
The direct exchange of goods or services between parties in lieu of monetary payment is known as:
A) barter. B) switch trading. C) offset. D) compensation trading. E) counterpurchase.
All of the following statements are true except:
a. U.S. standards do not require a classified balance sheet. b. IFRS require companies to present classified balance sheets. c. Under IFRS, an unclassified balance sheet based on the order of liquidity is acceptable only when it provides more reliable information than a classified one. d. U.S. standards require a classified balance sheet with liabilities in order by size or by order of liquidity.
A restaurant is faced with the challenge of communicating to its employees a significant change in service and style. Which method is LEAST effective for communicating this change?
a. Inform employees directly that they must accept the change. b. Emphasize reasons the changes were made. c. Explain the employees' important role in implementing the change. d. Emphasize the benefits employees gain from the change.