Every state has a statute that sets the maximum rate of interest for different types of transactions.

Indicate whether the statement is true or false.


Answer: True

Business

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________ is defined as the amount of change in one variable systematically associated with a change in another variable

A) Correspondence B) Covariation C) Covariable change analysis D) An alpha relationship E) A beta relationship

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The decline stage of the retail life cycle cannot be avoided or postponed by repositioning the retail institution

Indicate whether the statement is true or false

Business

A doctor is concerned that if a patient doesn't have an operation, the patient may become very ill. There is a very slight chance of blindness from the operation

The chance is so slight that the doctor does not tell the patient for fear the patient may not have the operation. The patient consents to the operation. The operation is not a success, and the patient goes blind. Which of the following is TRUE? The doctor has A) not committed a tort because he honestly acted in the patient's best interest. B) not committed a tort because the patient consented to the operation. C) committed the tort of assault. D) committed the tort of battery. E) committed a criminal assault.

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An assessment mutual:

A) provides primarily fire and windstorm insurance B) is owned by stockholders who supply the capital C) distribute all investment earnings to its policyholders in the form of a dividend D) requires only assessments from each policyholder after the end of each year to cover losses

Business