Financial ratios can reveal a lot about a company's liquidity, activity, and profitability

Indicate whether the statement is true or false.


Answer: TRUE

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The "incontestability clause" found in life insurance policies:

A. allows the insurer to contest its liability on the policy only if the policy has been in force for a specified period of time. B. allows the insurer to object on the basis of absence of insurable interest. C. bars the insurer from objecting on the basis of the purchase of the policy with the intent to murder the insured. D. bars an insured from reinstating a lapsed policy that has not been surrendered for its cash surrender value.

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The four main types of financial rewards for sales representatives are salaries, commissions, bonuses, and sales contests.

Answer the following statement true (T) or false (F)

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If a market is truly efficient, investors should not waste their time trying to find and capitalize on mispriced securities

Indicate whether the statement is true or false

Business

Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy: A) is an example of private law

B) is an example of statutory law. C) is an example of constitutional law. D) is never enforceable.

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