An insured who has policies with several companies covering the same insurable interest has multiple insurance coverage.
Answer the following statement true (T) or false (F)
True
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Riva borrows $10,000 that she intends to use for purchasing supplies for her business. She temporarily deposits the funds in her personal checking account. Prior to the deposit, the checking account held $40,000 of personal funds. Riva books a vacation for $6,000 and writes a check to the travel agency from her personal account. Later in the month, the business supplies bill arrives and Riva writes a check for $10,000 from the personal account. With respect to the interest expense on the $10,000 loan,
A. 20 percent will be treated as trade or business expense. B. 60 percent will be treated as personal interest expense and 40 percent as trade or business expense. C. it will all be treated as trade or business expense. D. it will all be treated as personal expense.
When compared to a corporation, one of the major advantages of a partnerships is its relative ease of formation
Indicate whether the statement is true or false
In the process of selecting an outline for a message, which of the following steps should take place before predicting the reaction of the audience??
A) Determining the central idea to be conveyed? B) ?Analyzing if the audience will be pleased or displeased by the message C) ?Determining how the sender's personal preferences will affect communication D) ?Drafting the supporting details of an idea
Which of the following is a goal of the conceptual design stage of the simulation methodology?
a. Identifying the information needed to build the simulation model b. Identifying the information already available to build the simulation model c. Identifying the information that needs to be collected to build the simulation model d. All of the above