A person who obtains life insurance generally can only name a beneficiary that has an insurable interest in the life of the insured

Indicate whether the statement is true or false


False

Business

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Trade agreements such as the European Union and NAFTA have decreased the pace of global integration

Indicate whether the statement is true or false

Business

The records at Smith and Jones, Inc. show that Job 110 is charged with $10,000 of direct materials and $13,000 of direct labor. Smith and Jones, Inc. allocate manufacturing overhead at 80% of direct labor cost. What is the total cost of Job No. 110?

A) $31,000 B) $33,400 C) $23,000 D) $13,000

Business

Low costs of conformance usually result in high costs of nonconformance

Indicate whether the statement is true or false

Business

In the U.S. Supreme Court, if all the justices voting agree as to the outcome and reasoning used to decide a case, it is a ________ decision

A) tie B) plurality C) majority D) unanimous

Business