What is the name given to the fee charged by an insurance company to cover a business for possible loss due to fire?

A. Premium
B. Indemnity
C. Policy
D. Dividends


Answer: A

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Under the indirect method, a loss on the sale of equipment should be:

A. a source of funds in the financing activities. B. a source of funds in the investing activities. C. added back to net income to arrive at cash flow from operating activities. D. subtracted from net income to arrive at cash flow from operating activities.

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Equity securities in which the investor owns less than 20% ownership in the voting stock of the investee generally can be classified as ________ equity investments.

A) significant influence B) controlling interest C) held-to-maturity D) no significant influence

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Which of the following represents Professor Archie Carroll’s four components of social responsibility?

a. financial, ethical, public, and family b. philanthropic, moral, ethical, environmental c. economic, legal, ethical, philanthropic d. philanthropic, labor support, environmental, and legal

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The New York Times Company Policy on Ethics in Journalism is an example of rules on how journalists creating editorial content should

A) approach advertisers for promotional endorsements. B) interact with other stakeholders. C) format their blogs and tweets. D) respond to government investigators in cases of plagiarism. E) respond to aggravating pitches from MPR professionals.

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