Mr. Adams paid $53,500 in premiums on a whole life insurance policy. When he canceled the policy, he received its cash surrender value of $61,600. He must recognize $61,600 income as a result of the cancellation.
Answer the following statement true (T) or false (F)
False
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When analyzing the "W" in SWOT analysis, a manager might take note of
A. a decrease in consumer demand. B. a competitor's bankruptcy. C. high turnover of employees. D. good financial resources of the firm. E. institution of a tariff on foreign competitors.
The main variable that determines the extent to which brand equity can be transferred to the extension is called:
A) association. B) adaptability. C) match. D) fit.
Logistics includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.
Answer the following statement true (T) or false (F)
Which of the following is true of the Department of Homeland Security?
A) It was constituted immediately after the attack on Pearl Harbor. B) It provides services in information analysis and infrastructure protection. C) It protects persons from harassment by federal administrative agencies. D) It gives the public access to documents in the possession of federal administrative agencies.