A significant risk is the same as a material risk

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The optimal type of economic base is a _____ economic base

a. specialized b. commercial c. governmental d. diversified

Business

You just won a lottery—CONGRATULATIONS! Your parents have always told you to plan for the future, so since you already have a well-paying job you decide to invest rather than spend your lottery winnings

The payment schedule from the lottery commission is $100,000 after taxes at the end of year one and 19 more payments of exactly $100,000 after taxes in equal annual end-of-the-year deposits (i.e., 20 deposits of $100,000 each, the first deposit is one year from today) into your account paying 7% compounded annually. How much money will be in your account after the last deposit is made? A) $2,000,000.00 B) $3,637,896.48 C) $4,099,549.23 D) $4,486,517.68

Business

Which of the following is a valid defense to a defamation claim?

A)The statement was not slanderous only libelous. B)The statement was only an opinion. C)The First Amendment guarantees the absolute right to free speech. D)The statement did not cause any grave injury.

Business

An ambiguity in an insurance policy is generally interpreted in favor of the insurer

Indicate whether the statement is true or false

Business