A male age 65 will receive lower monthly benefits per $1,000 of premium payment than a female age 65, because of the female's better longevity
Indicate whether the statement is true or false
FALSE
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Social loafers:
A. give 100% both individually and in a group setting B. are shy and reserved in company social settings C. strive to be recognized as an outstanding performer in a group setting D. avoid exerting maximum effort in group settings because it is difficult to pick out individual performance E. usually cause group infighting by intentionally creating conflict.
Ralph owns a lumber yard and has a $500,000 purchase order from a construction company. His cost of goods sold for this order is $300,000. Because his company needs working capital, the most logical loan for the lumber yard would be to use
A. an equipment-based loan. B. factoring. C. purchase-order financing. D. asset-based financing.
Which of the following statements regarding fixed-rate loans is true?
A. Fixed-rate loans are preferable when interest rates are expected to rise. B. The cost of fixed-rate loans increases with an increase in the market interest rate. C. The cost of fixed-rate loans decreases with a decrease in the market interest rate. D. Fixed-rate loans are preferable when interest rates are expected to fall. E. The interest rates on fixed-rate-loans have periodic adjustment dates, at which time monthly payments are adjusted.
The majority of derivatives exchanges in the U.S. are fully automated
Indicate whether the statement is true or false