The law of large numbers states that as the number of exposure units increases:
A) accuracy of predictions should improve
B) the chance of loss declines
C) Speculative risk increases
D) the number of accidents decreases
A
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The best place in a SWOT analysis to list a highly-competent workforce is ________.
A. internal opportunities B. internal strengths C. external opportunities D. external threats E. internal weaknesses
Big Market purchases different fruits from local farmers and then sells them to local restaurants and retailers. If the fruits rot before Big Market sells them, the store takes the loss. As an intermediary, Big Market is performing the function of ________.
A. channeling B. risk-taking C. market research D. financing E. sorting
The UCC allows the title of goods to be passed without its identification
Indicate whether the statement is true or false
A lease is the transfer of title to goods from seller to buyer for a price
a. True b. False Indicate whether the statement is true or false