Which of the following is covered by business insurance?

A. Loss from the use of a business's product
B. Economic loss incurred by a business when sponsoring athletic teams
C. Loss to a business due to bankruptcy
D. Economic loss to a business when a key employee dies


Answer: D

Business

You might also like to view...

In considering equity and debt financing, which of the following statements is true?

a. Compared to equity financing, debt is a more expensive source of funding. b. Interest and dividends payments are required to be made by the issuing corporation. c. In general, the higher the proportion of total debt-to-equity ratio, the greater the likelihood the firm will have difficulty in meeting its obligations in some future period. d. Most firms prefer to have no debt and rely on equity financing.

Business

When should a leader meet a new employee?

a. during the interview b. sometime before the employee is hired c. on the employee’s first day on the job d. after the employee has been through an orientation

Business

If D1 = $1.50, g (which is constant) = 6.5%, and P0 = $56, what is the stock's expected capital gains yield for the coming year?

A. 6.50% B. 6.83% C. 7.17% D. 7.52% E. 7.90%

Business

The ________ holds that each nation is bound to respect the independence of every other sovereign state and that the courts of one nation will not sit in judgment on the acts of the courts of another nation

A) Single European Act B) sovereign immunity doctrine C) act-of-state doctrine D) Maastricht Treaty

Business