Why are insurance pools used to insure nuclear energy liability, rather than private insurance mechanisms?
A) There is unlimited liability when a nuclear event occurs.
B) It is impossible to measure the loss.
C) Individual insurers cannot replace lost electricity when a nuclear plant shuts down.
D) The loss could be greater than even the largest insurance company could handle.
D
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Which of the following is described as the three R's of global business: rules, rate schedules, and regulations?
A) quotas B) tariffs C) NTBs D) NTR E) duties
Which of the following types of matters do not generally require disclosure in the financial statements?
A. Loss contingencies. B. General risk contingencies. C. Commitments. D. Liabilities to related parties.
Title to existing, identified goods can pass whenever the parties agree it will pass
a. True b. False Indicate whether the statement is true or false
Which of the following is FALSE about constructing and analyzing decision trees?
a. Begin the tree with initial decision to be made. b. Expand the tree. c. Evaluate the tree without further expanding it. d. Analyze the tree and make a decision.