What does HIPAA stand for?
A) Health Insurance Portability and Accountability Act
B) Health Insurance Procedure Accountability Act
C) Hybrid Insurance Procedures Accountability Act
D) Human Instrument Portability and Accountability Act
A
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An insurer has a duty to avoid paying a claim even if it means acting in bad faith.
Answer the following statement true (T) or false (F)
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. They decide to admit David to the partnership. Each of the following questions is independent of the others.Refer to the information provided above. David directly purchases a one-fifth interest by paying Allen $34,000 and Daniel $10,000. The land account is increased before David is admitted. By what amount is the land account increased?
A. $20,000 B. $10,000 C. $40,000 D. $36,000
If an individual business person wanted to present his or her opinion on a piece of legislations, what method might be used?
A) Voting B) Lobbying C) Favors D) Personal contacts E) Political action committee meetings
Two 6-month corn put options are available. The strike prices are $1.80 and $1.75 with premiums of $0.14 and $0.12, respectively. Total costs are $1.65 per bushel and 6-month interest rates are 4.0%
Farmer Jayne wishes to hedge 20,000 bushels for 6 months. What is the highest profit or minimum loss between the two options if the spot price in 6 months is $1.70 per bushel? A) $88 loss B) $88 gain C) $496 loss D) $496 gain