A . What is an insurable interest? At what point in a sales transaction does the buyer get an insurable interest? b. Is the buyer the only one who has an insurable interest in the goods? Is it possible for both the buyer and the seller to simultaneously hold an insurable interest? Explain
a . An insurable interest is a property interest that allows a party to purchase insurance on the goods. A buyer gets an insurable interest in the goods once the goods are identified as those to which the contract refers.
b. It is possible for both parties to have an insurable interest in the same goods at the same time, because of the special property interest provision in the Code. A seller has an insurable interest in goods as long as he has either title to them or any security interest in them.
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Power derived from ________ is a special form of information power accorded to those seen as having achieved some level of command and mastery of a body of information.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. By touching audience members in the way a generalization never could, an illustration helps the speaker pull listeners into the speech. 2. You don’t need to tell your audience when an example you are using is hypothetical. 3. Hypothetical examples are intended to trick your listeners into believing something that is not true. 4. The primary use of explanations and descriptions is to clarify and/or to evoke a sensory response.
Discuss any ethical issues raised by the following actions. Lamb Inc has a debt-equity ratio of 30 percent, which is considerably lower than most of its competitors. Lamb Inc has become the target of a takeover by a group of outside investors. This
takeover group feels that Lamb Inc could service debt up to 60 percent of its financing. They plan to borrow the necessary cash to finance the takeover and then have Lamb Inc assume the debt. This action will result in a debt-equity ratio for Lamb Inc of 60 percent after the takeover. The current management desires to defend Lamb Inc against this takeover attempt. It sells off a profitable division of the business and uses the cash proceeds to buy back outstanding common stock. This action has the effect of increasing the debt-equity ratio to 60 percent, making Lamb Inc less attractive because of the sale of the profitable division, and increasing the stock price that the takeover group must pay.
Which sentence uses correct capitalization?
A) Because I needed a quick response, I sent an e-mail message marked high priority. B) Because I needed a quick response, I sent an e-mail message marked High Priority. C) Because I needed a quick response, I sent an e-mail message marked High priority.