When Sue bought a new car, she stopped by the insurance company and completed an application and made a payment. The agent accepted the offer orally. If Sue has an accident on the way home, she is covered by the new policy

Indicate whether the statement is true or false


True

Business

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Some of the most common applications of real options are with property and insurance. A real estate option grants the holder the right to buy or sell a piece of property at an established price sometime in the future. If the price of the property goes ________, the owner of the option is likely to buy it. If the market value of the property ________ the strike price, the option holder is unlikely to execute the purchase.

A. down; drops below B. up; goes above C. up; drops below D. down; goes above

Business

European Works Councils are intended to:

A. Provide collective bargaining for workers. B. Assist in mediating labor disputes. C. Provide information to workers that can lead to cooperation between management and labor. D. Determine country labor laws and minimum labor standards.

Business

A women's apparel store may not refuse to hire a male for a job as a fitting room attendant.

Answer the following statement true (T) or false (F)

Business

Which of the following lists consists of support activities?

A. human resource management, technology development, customer service, and procurement B. customer service, information systems, technology development, and procurement C. human resource management, customer service, marketing and sales, and operations D. human resource management, technology development, procurement, and general administration

Business