An anonymous message is usually an "event" message; that is, a message that is broadcasted as a signal or time event

Indicate whether the statement is true or false


TRUE

Business

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A welder on an assembly line is both an employee and an agent

Indicate whether the statement is true or false

Business

LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN borrowed money from investors by issuing financial securities

LMN promised to repay the money it borrowed with interest if hurricane losses do not exceed a specified level. If hurricane losses exceed the specified level, LMN will repay less than it borrowed and use the extra money to fund hurricane losses. The securities that LMN issued are A) call options. B) futures contracts. C) weather options. D) catastrophe bonds.

Business

Frisco agrees to lease an apartment from Gina for one day to see Harry, the president of the United States, deliver a speech in the street below. The speech is canceled ten days before its scheduled date. The contract

A. is discharged. B. is not affected. C. is postponed until another event is scheduled. D. must be performed immediately.

Business

Beaver Corp. preferred stock has a market price of $14.50. If it has a yearly dividend of $3.50, what

is your expected rate of return if you purchase the stock at its market price? A) 22.36% B) 41.43% C) 19.45% D) 24.14%

Business