Carolyn is considering the purchase of a large (60-foot) boat. She called her insurance agent to see if she needs a separate policy for the boat
The agent said that a special category of insurance policies was designed to insure large watercraft. These policies are called
A) yacht insurance policies.
B) flood insurance policies.
C) floater policies.
D) Dwelling Property 3 (special form) policies.
Answer: A
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The Consumer Bill of Rights refers to a law that
A. codified the ethics of exchange between manufacturers, distributors, and suppliers, including the rights to safe working conditions, fair pay, and collaborative decision making. B. guaranteed consumers the right to be compensated through replacement, repair, or reimbursement for products that fail to perform as promised by the manufacturer. C. codified the ethics of exchange between buyers and sellers, including the rights to safety, to be informed, to choose, and to be heard. D. guaranteed consumers the rights that are enumerated in the First Amendment to the U.S. Constitution. E. codified the ethics of exchange between manufacturers, distributors, and suppliers, including the right to be paid.
If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost of $2,000, what is the crash cost per period?
A) $400 B) $2,000 C) $10,000 D) $20,000 E) $30,000
Changes in working capital are considered insignificant and thus ignored when considering capital projects
Indicate whether the statement is true or false.
When nearly half of the S&Ls in the United States had a negative net worth and were thus insolvent by the end of 1982, regulators adopted a policy of ________, which amounted to ________ capital requirements
A) regulatory forbearance; raising B) regulatory forbearance; lowering C) regulatory stringency; raising D) regulatory stringency; lowering