Which of the following statements about the typical commercial umbrella policy is (are) true?
I. The policy is designed to cover only those loss exposures specifically excluded by the underlying insurance contracts.
II. The policy is excess over the required underlying coverages.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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In terms of ad spending by media in the United States, the largest category is:
A) television B) magazines C) the Internet D) newspapers
When Wisconsin Corporation was formed on January 1, the corporate charter provided for 100,000 share of $10 par value common stock. The following transaction was among those engaged in by the corporation during its first month of operation: The corporation issued 8,500 shares of stock at a price of $16 per share. The entry to record the above transaction would include a
a. debit to Cash for $85,000 b. credit to Common Stock for $136,000 c. credit to Paid in Capital in Excess of Par for $51,000 d. debit to Common Stock for $85,000
Which of the following is an inference-based process of transforming data into useful information?
A) data analytics B) marketing measurement C) marketing metrics D) advertising measurement E) key performance indicators
Aaron is concerned about union organizing activities among his employees. He knows that many of the employees like and respect Derrick. Aaron thinks if he can get Derrick to vote against the union, others will do so as well. Aaron offers Derrick a 10% raise if Derrick does not vote for the union. Aaron knows this will be a lot of money, but thinks he will save money in the long term by avoiding the union. It appears that Aaron violated which of the NO TIPS rules for what management cannot do for labor elections.
A. No Threats B. No Interrogations C. No Promises D. No Spying E. None of the above