Banks with the highest efficiency ratios are presumed to be the most efficient

Indicate whether the statement is true or false


False

Business

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Suppose you read a website that says that a national organization found that attendance rates at high schools in U.S. cities is improving. On what type of data source is the claim in this story? based?

a. These data are results of an observational study

b. These data are responses from a survey

c. These data are distributed by an organization

d. These data are collected by ongoing business activities.

e. These data are outcomes of a designed experiment.

Business

Assault is an intentional infliction of harmful or offensive bodily contact

Indicate whether the statement is true or false

Business

Scott had trouble obtaining auto insurance. After three companies refused to insure him, he called the state insurance department

A representative suggested he obtain coverage through Last Chance Insurance Company because "that's all they insure—high-risk drivers." Scott contacted Last Chance. He was not refused coverage; however, the premium Scott was required to pay was three times greater than the average premium in the market. Last Chance Insurance Company is a(n) A) reinsurance facility. B) automobile insurance plan. C) specialty auto insurer. D) joint underwriting association.

Business

Janelle has an art collection that she wants to sell. She calls Amber and tells her to sell the art collection for her at an upcoming auction. Amber agrees. This is an example of A)apparent authority

B)respondeat superior. C)intermediary agency. D)express authority.

Business