Is there a reason why pure risk events, like a hurricane or earthquake, could be bundled into a more general risk portfolio?
A) No, pure risks have too devastating an effect.
B) Yes, since they are negatively correlated with other risk events.
C) No, they are too highly correlated with other risk events.
D) Yes, because an insurer can ask a very high premium for including it in the general risk portfolio.
B
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An accounting transaction is not recorded when a corporation declares and executes a stock split
a. True b. False Indicate whether the statement is true or false
Illegal actions by employers against union members or employees who support unions are known as ______________________________.
Fill in the blank(s) with the appropriate word(s).
What two restrictions on merging occur in QuickBooks?
A. Accounts with credits or Contra Accounts B. Names or different types of accounts C. Accounts on different financial statements or negative balances D. None of the choices are correct
Quasi contracts are implied-in-law contracts
Indicate whether the statement is true or false