A higher deductible reduces the amount of coverage provided by homeowner's insurance, and therefore results in a lower insurance premium

Indicate whether the statement is true or false.


Answer: TRUE

Business

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One type of frame if the process frame, or how the parties will go about resolving their dispute.

Answer the following statement true (T) or false (F)

Business

A company issued 145 shares of $100 par value common stock for $15,500 cash. The total amount of paid-in capital is:

A. $14,500. B. $1000. C. $100. D. $15,500. E. $1450.

Business

Many experts recognize that advertising has a lagged or carryover effect; monies spent on advertising do not necessarily have an immediate impact on sales.

Answer the following statement true (T) or false (F)

Business

Ownership of shares of stock may be transferred by any of the following methods except: ______

A) delivery of the stock endorsed by its owner in blank. B) delivery of a notice of intent to transfer. C) delivery of the stock endorsed by its owner to a specified person. D) delivery of the certificate and a separate power of attorney executed by the owner.

Business