Because people sometimes forget to pay their premiums on time, health insurance policies normally contain a/an ________ to prevent unnecessary termination of the insured

A) grace period clause
B) reinstatement clause
C) pro-rata clause
D) entire contract


A

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Which of the following is true about protection of computer software?

A) Copyright laws protect both the actual code and the idea embodied in the code. B) Patent laws protect both the actual code and the idea embodied in the code. C) Patent laws protect the actual code, while copyright laws protect the idea. D) Copyright laws protect the actual code, while patent laws protect the idea. E) License protects both the actual code and the idea embodied in the code.

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Damien plans to buy a share at $120 and hold it for 5 years. During this period, he would receive average annual dividends of $4 a share. He expects to receive $145 at the end of the 5-year period when he sells the share. What are the keystrokes used to calculate the rate of return on the investment?

A. N = 5, PV = –120, PMT = 4, FV = 145 B. N = 5, PV = 120, PMT = 4, FV = –145 C. N = 5, PV = –145, PMT = –4, FV = 120 D. N = 4, PV = –120, PMT = 5, FV = 145 E. N = 4, PV = 145, PMT = 5, FV = –120

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The account type and normal balance of Prepaid Expense is

A) revenue, credit B) expense, debit C) liability, credit D) asset, debit

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Serif type doesn't show italic well

a. true b. false

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