All of the following are typical business uses of life insurance except:

A) protect the business against loss caused by the death of a key person
B) provide a means of rewarding and retaining valuable employees
C) provide severance pay to employees when jobs are terminated
D) protect the value of the partnership at the death of an owner/insured


C

Business

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Patricia commits an act via e-mail against Othman Finance Company, a business in California, where the act is a cyber crime. Patricia resides in New York where the act is not a crime. Prosecution of Patricia in California involves questions of A) jurisdiction

B) "maximum contacts." C) the immunity of Internet service providers. D) encryption.

Business

Based on Bluto's conduct, Cass reasonably believes that Dee has the authority to act on Bluto's behalf even though Dee does not have the actual authority to do so. Cass makes a payment to Dee for Bluto. Dee keeps the money and disappears. Bluto

A. can demand that Cass make a repayment directly to Bluto. B. can obtain damages from Cass for Dee's misconduct. C. may be estopped from denying that Dee had authority. D. must repudiate Dee's misconduct to avoid liability.

Business

An audit in accordance with the Single Audit Act does not involve reporting upon:

A. Internal control over operations. B. Schedule of expenditures of federal awards. C. Financial statements. D. Compliance with provisions of laws that may have a direct and material effect on each major federal financial assistance program.

Business

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

A two-sample chi-square focuses on whether two or more variables are significantly related, or dependent.

Business