Which of the following is true of insuring the property of a business?
A. The value of land is the most commonly insured property.
B. The lower the deductible, the lower the policy premium payments will be.
C. The value of the historical significance of a building often cannot be insured.
D. All the value of a property has insurable value.
Answer: C
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Monique prefers to do her grocery shopping once a month because her mother also shops only once a month
One of the reasons Monique is such an efficient shopper is that, like her mother, Monique believes, "Waste not, want not." This passing down of norms and values to Monique is most likely an example of _____. a. consumerism b. the socialization process c. the decision-making process d. cognitive dissonance
A judicial lien against a partner's transferable interest in a partnership is known as:
a. a legal aggregate. b. a delegation of assets. c. a charging order. d. an assignment.
Since goodwill is an intangible asset, it is amortized each year using the straight-line method.
Answer the following statement true (T) or false (F)
Rita, a minor, signs a contract to buy a sport utility vehicle (SUV) by misrepresenting her age to be twenty-one. In most states, Rita may? A)?disaffirm the contract
B)?disaffirm the contract only if she makes full payment. C)?disaffirm the contract only if she returns the SUV in good condition. D)?not disaffirm the contract.