A force majeure clause in an international contract provides for the method of payment in the event of an unexpected event that adversely affects performance

a. True
b. False
Indicate whether the statement is true or false


False

Business

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A person who is to receive life insurance proceeds when the insured dies is known as a ________

A) donor B) bailee C) beneficiary D) notary

Business

A company's required rate of return, typically its cost of capital is called the:

A. Payback rate. B. Average rate of return. C. Internal rate of return. D. Hurdle rate. E. Maximum rate.

Business

Which of the following is NOT a provision of the Clean Air Act?

A. establishment of national ambient air quality standards B. prevention of significant deterioration (PSD) program C. regulation of stationary sources D. consolidation of environmental regulation under one agency

Business

A random variable X is standardized by subtracting the mean and dividing by the variance

Indicate whether the statement is true or false

Business