A type of insurance in which the insured and the insurer share a risk of loss due to fire is:
a. co-insurance.
b. non-forfeiture insurance.
c. no-fault insurance.
d. reinsurance.
a
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Most new-product activities are devoted to ________
A) changing the target markets B) developing new-to-the-world products C) introducing backward integration D) improving existing products E) changing the existing market dynamics
Government-wide financial statements help users do all but which of the following?
a. Relate cash receipts and disbursements to the acquisition of long-lived assets. b. Assess the finances of the government in its entirety, including the year's operating results. c. Determine whether the government's overall financial position improved or deteriorated. d. Evaluate whether the government's current-year revenues were sufficient to pay for current-year services. e. Make better comparisons between governments.
Knollwood Corporation issued $300,000 of 30-year, 8 percent bonds at 106 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. What is the total interest cost of the bonds?
a. $719,500 b. $702,000 c. $720,000 d. $738,000
________ occurs when two or more established brand names collaborate on the marketing of one specific product
A) A brand extension B) Brand equity C) Co-branding D) A line extension E) Cannibalization