The versions of mandatory no-fault automobile insurance currently in effect in most states with such laws
a. reduce the number of automobile accidents.
b. reduce the number of claims for damages resulting from automobile accidents.
c. pay damages suffered of specified kinds up to specified limits without regard to fault and without litigation.
d. pay full damages to both parties regardless of fault and without litigation.
c
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Suppose a bank earned $173 million in interest on its assets of $2,153 million, it paid out $81 million in interest on its liabilities (excluding capital) of $2,007 million, and it paid its workers $71 million in total compensation. The bank's spread is approximately
A. 2 percent. B. 3 percent. C. 4 percent. D. 5 percent.
Which of the following is a professional service enterprise?
a. Bookstore; b. Veterinary clinic; c. Pharmacy; d. Recording studio; e. All of these are professional service enterprises
After recent debacles, especially in banking and investment, and with the penetration of social media, what does the public expect from all corporations?
A) more upbeat dialogue B) more accurate numbers C) better technology D) more candid communication
A corporation in the state in which it was formed is referred to as a(n) ________
A) foreign corporation B) domestic corporation C) alien corporation D) overseas corporation