Proponents of no-fault automobile legislation argue that the tort-liability insurance system:
A) pays too much for big claims and too little for small claims
B) pays claims too quickly and passes the increased cost on to motorists
C) encourages bad driving and accidents
D) is not efficient in returning dollars to automobile accident victims
D
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The weighted average costing method:
a. considers manufacturing costs for the first department only. b. considers manufacturing costs for this period only. c. combines beginning inventory costs with work done this period to determine this period's unit cost. d. combines ending inventory costs with work done this period to determine this period's unit cost. e. None of the answers are correct.
An amendment to a will is called a(n):
a. stipulated addition. b. statutory adjustment. c. codicil. d. attestation.
Assume an M&M world with taxes where the corporate tax rate is 25%, the before tax required return on debt is 8%, the required return on the unlevered firm is 12%, and the firm is financed 20% with debt and 80% with equity
What is the required return on equity? A) 12.75% B) 15.00% C) 13.25% D) 11.25%
In McDonnell-Douglas Corp v. Green, the Supreme Court established a four-part test that a plaintiff must meet to establish:
a. a prima facie case of employment discrimination b. a per se case of employment discrimination c. a rule of reason case of employment discrimination d. a case of reverse discrimination e. none of the other choices