Once a privilege has been granted to a role, it cannot be revoked without re-creating the role

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Charlotte pays $16,000 in tax deductible property taxes. Charlotte's marginal tax rate is 28%, effective tax rate is 22% and average rate is 25%. Charlotte's tax savings from paying the property tax is

A) $3,520. B) $4,000. C) $4,480. D) $11,520.

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True impossibility means that something has happened making it utterly impossible to do what the promisor said he would do

Indicate whether the statement is true or false

Business

Which of the following is true?

A) The life insurance grace period gives the insured two months during which to correct any misinformation supplied in the application for coverage. B) If the insured misstates his/her age on a life insurance application, the insurer has grounds for voiding the contract. C) The purpose of the beneficiary clause in life insurance is to enable the policy owner to designate to whom the proceeds shall be paid when the insured dies. D) The life insurance assignment clause requires that the policy owner get the insurer's consent before assigning policy ownership to someone else.

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What value of Durbin–Watson statistic indicates no autocorrelation is present?

a. 1 b. 2 c. –2 d. 0

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