Mutual Property Insurance Company has a surplus of $2 million. According to a conservative rule, how much in new net premiums can Mutual Property Insurance Company safely write?
A) $2 million
B) $8 million
C) $10 million
D) $20 million
Answer: A
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Retailers control shelf purchase and have purchasing data, which means they determine:
A) what products and brands are placed on stores shelves B) what marketing products manufacturers use C) who has the power in the distribution channel D) what products manufacturers produce
In Chapter 7's "A Question of Ethics: Whistleblower or Traitor?" the case of Edward Snowden created ________
A) one of the most perplexing First Amendment-related cases in history B) a clear case of espionage for U.S. government prosecutors C) the freedom of an ordinary citizen to leak government secrets D) a clear need for public relations counsel for the court of public opinion
Fifty-five percent of the applications received for a particular credit card are accepted. Among the next twelve applications, a.what is the probability that all will be rejected?b.what is the probability that all will be accepted?c.what is the probability that exactly 4 will be accepted?d.what is the probability that fewer than 3 will be accepted?e.Determine the expected number and the variance of the accepted applications.
What will be an ideal response?
Investment firms, such as Goldman Sachs, assist the transfer of capital by
A) facilitating indirect transfers from savers (investing public) to borrowers (corporations needing capital). B) selling common stock for corporate clients in the secondary market. C) selling indirect securities to savers and using the funds to buy common stock for corporations needing funds. D) selling direct securities.