Which of the following statements concerning the securitization of risk is (are) true? I. Securitization increases the capacity of the insurance industry. II. Securitization can be used to protect against catastrophic loss
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
You might also like to view...
Explain the purpose of a work sheet
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit:$38Production Selling and administrative$14Fixed costs per year: Production$140,000Selling and administrative$84,000Last year, 7,000 units were produced and 6,800 units were sold. There was no beginning inventory.The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
A. $6,800 less than under absorption costing. B. the same as absorption costing. C. $4,000 less than under absorption costing. D. $6,800 greater than under absorption costing.
Wrigley's chewing gum is the same product whether you buy it in Japan, Great Britain, Brazil, or the United States. Wrigley's sells the same products around the world. It has adopted a(n) ________ strategy
A) product adaptation B) localization C) straight extension D) product invention E) ethnocentric
Luxury cars such as the Chevrolet Corvette are available with tires that enable a driver to continue driving even after the tire has been damaged. This is an example of Corvette using style as a product discriminator.
Answer the following statement true (T) or false (F)