If A and B are independent events with P(A) = 0.38 and P(B) = 0.55, then P(A | B) =
a. 0.209.
b. 0.000.
c. 0.550.
d. 0.380.
d
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Flagg Company issued $500,000 of bonds for $498,351, Interest is paid semiannually. The bond markets and the financial press are likely to state the bond issue price as
a. 498.35. b. 100.00. c. 99.67. d. 49.84.
A professional group cited in the chapter for having strong cultural values is ______.
a. restaurant greeters b. chefs c. hotel managers d. concierges
Sarah offers to pay Allison $150 if Allison will paint her apartment while she is out of town on vacation for two weeks. Allison makes no promise but tells Sarah that she will think about it. While Sarah is out of town, Allison paints the apartment. This is best described as:
a. a unilateral contract. b. a quasi contract. c. an implied in fact contract. d. a bilateral contract.
Items stipulated in the contract that the insurer will not provide coverage for are found in the
A Exclusions clause. B Insuring clause. C Benefit Payment clause. D Consideration clause.