As a result of compounding, the effective annual rate on a bank deposit (or a loan) is always equal to or less than the nominal rate on the deposit (or loan).
Answer the following statement true (T) or false (F)
False
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Which of the following marketing-mix elements is currently MOST critical to Indiana Wood's success?
A) place B) price C) channels of distribution D) branding E) physical evidence
Assignment of meaning to organized information inputs is called
A. motivation. B. redefinition. C. learning. D. interpretation. E. selection.
While driving home from work, Bailey's car is struck from behind by a van full of drunken college students. Asimov is the driver of the van. The resulting damage to Bailey's car totals $7,000
Bailey files a claim under his own auto insurance policy to have his car repaired, but his insurance policy only covers $6,000 of the $7,000 loss. Bailey pays the remaining $1,000 of the loss out of his pocket. Which of the following is a true statement? A) Bailey has no legal right of subrogation against Asimov for the $1,000 that he had to pay out of his pocket. B) Bailey's insurer has no legal right of subrogation against Asimov for the $6,000 of damages it had to pay to Bailey. C) Bailey has the right under the principle of indemnity to now sue Asimov personally for the $7,000 damages to his car. D) Both Bailey and his insurer have subrogation RIGHTS against Asimov for the damages he (Asimov) caused.
If the court awards a partition to co-tenants, the court will normally attempt a partition by kind. If partition by kind is impossible because there is no fair way to divide the property, the court will order the real estate sold and the proceeds equally divided.
Answer the following statement true (T) or false (F)