The three types of losses generally covered by marine insurance policies include all but which of the following?
A) Total losses of all or part of a shipment
B) Weighted average losses
C) General average losses
D) Partial or particular average losses
B
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Describe the reseller market. Why do businesses use the services of business product distributors?
What will be an ideal response?
There is no exact definition of a monopoly, but in general a monopoly:
a. exists when one or a few firms dominate the sales of a product or service b. one firm makes a better product than others in the same market c. consumers prefer one firm over all others d. one firm has more than 30% of the market share for a certain product e. a firm does not have to pay any federal taxes
The extent to which a system is used and the user's satisfaction with the system are the two most common and trusted ways to determine if an implementation has been a success
Indicate whether the statement is true or false
Helen makes quilts and sells them at the regional county fairs. This year, she earned $950 from quilt sales and spent $3,300 on supplies and travel relating to her quilting activity. If the IRS determines that this activity is a hobby instead of a business, Helen can't deduct her $3,300 expenses.
Answer the following statement true (T) or false (F)