All but which of the following hold an insurable interest?

a. Shareholders in a closely held corporation to the extent of their interest in the corporation's property.
b. A lessee of property.
c. A seller with a purchase money security interest.
d. A buyer of a truck, whether or not the buyer had knowledge of the fact that the truck was stolen by the seller.


d

Business

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If a cost can be reduced to zero in the short run without significantly harming the organization, the cost is a

a. variable cost. b. committed cost. c. discretionary cost. d. product cost.

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Which of the following describes the act of comparing financial data from year to year?

A. EBITDA B. Trend analysis C. Ratio analysis D. The accounting equation E. The matching principle

Business

The receiver of property under intestacy statutes is known as a(n) ________

A) assignee B) trustee C) beneficiary D) heir

Business

Al Brickett had two mobile homes on his land behind his house. The mobile homes have been there since Al bought the land in 1971. In 1975, Al's area was zoned as R-1, an area for single family homes and no mobile homes. Al: A)?Is guilty of a felony

B)?Needs to obtain a variance. C)?Meets the requirements for a non-conforming use. D)?Can challenge the constitutionality of the restriction.

Business