Alicia Simmons purchased a standard fire insurance policy with an endorsement for extended coverage. She incurred damage due to nuclear radiation and filed a claim with her insurance company. Why would her insurance company refuse to cover her claim?
A. Normally, insurance companies are skeptical about taking such claims.
B. Losses caused by nuclear radiation usually are excluded from extended-coverage endorsements.
C. Payments to her would bankrupt the company.
D. Insurance companies are slow to respond to policyholders' claims.
Answer: B
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What important topics are discussed in the Management Discussion and Analysis section of the financial statements?
A) Business risk factors associated with the company. B) Management provides insight into key decisions implemented during that time period and future developments. C) Management utilizes this area as a forum to discuss strategic motives. D) All of these choices are discussed.
Which of the following is an example of a contract contrary to statutes by its very existence?
A) a usurious loan contract B) a contract between two minors C) a contract where one party is insane but not adjudged insane D) a contract of adhesion
Workplace ________, which includes differences in ethnicity, age, and gender, is important because it is likely to result in the products that consumers demand.?
Fill in the blank(s) with correct word
The manager of a laptop computer dealership is considering a new bonus plan in order to increase sales. Currently, the mean sales rate per salesperson is five laptops per week. The correct set of hypotheses for testing the effect of the bonus plan is
A. H0: ?< 5 Ha: ?? 5.
B. H0: ?
5 Ha: ?> 5.
C. H0: ?> 5 Ha: ?
5.
D. H0: ?
5 Ha: ?< 5.