Lisa and Eric want to keep the cost down on the homeowner's insurance they will need. After talking to their parents they developed a list of ways to do so. Identify the one mistake on it
A) Take as high a deductible as you can afford to self insure.
B) Install an adequate security system.
C) Pay your insurance premiums quarterly.
D) Install adequate smoke detectors.
E) Insure your cars with the homeowner's company.
Answer: C
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Ranger Inc. would like to issue new 20-year bonds. Initially, the plan was to make the bonds non-callable. If the bonds were made callable after 5 years at a 5% call premium, how would this affect their required rate of return?
A. There is no reason to expect a change in the required rate of return. B. The required rate of return would decline because the bond would then be less risky to a bondholder. C. The required rate of return would increase because the bond would then be more risky to a bondholder. D. It is impossible to say without more information. E. Because of the call premium, the required rate of return would decline.
An intermediate item must have at least one parent and at least one component
Indicate whether the statement is true or false
Which of the following categories of people have the right to walk away from a contract they made to buy a new house?
a. an insane person b. a minor c. a heavily intoxicated person d. none of these conditions are relevant e. all of those conditions can be relevant to contractual capacity
In Callison v. City of Philadelphia, where Callison was told that while on FMLA leave that he had to be at home during work hour unless he called to report where he would be going, he sued to protest the policy. The court of appeals held that:
a. even though there is nothing in the FMLA that prevents employers from ensuring that employees on leave do not abuse their leave, the City's call-in policy did violated Callison's FMLA rights b. the City's call-in policy was legal, but suspending Callison for violating it was not c. the FMLA does not allow employers to check on employees who are on sick leave so the City's call-in policy was illegal d. the City's call-in policy was a requirement of the FMLA and Callison should be fined for violating it e. none of the other choices are correct