A foreign insurer is:
A) one that is home-officed outside the U.S.
B) one that has offices both in the U.S. and in other countries
C) one that is incorporated in another state
D) one that has not been in existence for at least three fiscal years
C
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Indicate whether the statement is true or false
The skills needed to speak in ______ share much in common with the skills needed to speak before any audience.
Fill in the blank(s) with the appropriate word(s).
A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investment are $36,000 (year 1), $30,000 (year 2), $18,000 (year 3), $12,000 (year 4) and $6,000 (year 5). The payback period is:
A. 2.50 years. B. 3.00 years. C. 3.50 years. D. 4.50 years. E. 4.25 years.
An offer must be in a particular form to have legal effect
a. True b. False Indicate whether the statement is true or false