One branch of government insurance programs has a number of distinguishing characteristics
These programs are compulsory, they are financed by mandatory contributions rather than general tax revenues, and benefits are weighted in favor of low-income groups. These government insurance programs are called
A) welfare programs.
B) social insurance programs.
C) casualty insurance programs.
D) private insurance programs.
Answer: B
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In the opening case, the hacking into Sony Pictures databases was instigated by a group from ______.
a. FBI b. Sony insiders c. North Korea d. Anonymous
Twyla buys a Voracious-brand bicycle from U-Pik-It Bike Store, which agrees to keep the bike for Twyla until she picks it up. Before Twyla gets the bike, a fire destroys the store and the bike. The loss of the bike is suffered by
A. no one. B. Voracious. C. Twyla. D. U-Pik-It.
All the following statements are true concerning a general average loss under an ocean marine contract except:
A) property is jettisoned voluntarily B) property is thrown overboard to try to save life and minimize loss of property C) anyone having a direct property interest in the voyage contributes toward the loss D) the ship owner does not have to contribute toward any loss since only cargo is destroyed
Our non-verbal communications express our feelings and opinions better than our spoken words
Indicate whether the statement is true or false.