Which of the following is not a characteristic of an umbrella policy?

A) It provides additional liability insurance.
B) It replaces other policies.
C) It protects wealth.
D) It is optional coverage.


Answer: B

Business

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Which of the following would be an example of an investing activity?

a. Issuance of long-term bonds b. Issuance of common stock c. Payment of cash dividends d. Sale of plant assets

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Which of the following is true of the role of smartphones and online advertising?

A. Advertisers are suspicious about the use of smartphones for advertising, as they offer limited access to the Internet. B. Smartphones are becoming increasingly ubiquitous in many less-developed countries, even though they are the last avenue to the Internet in developed countries. C. Ads appearing on smartphones are better trusted and accepted as a source for buying information when compared to online consumer opinions. D. Smartphones can be used as a medium to deliver ads based on cultural targeting in the near future. E. Advertisers should have mobile-compatible versions of their ads, as this will help them access customers anytime and anywhere.

Business

A university vice president for academic affairs randomly selects 15 tenured faculty from the College of Education and 15 tenured faculty from the College of Business. Each faculty member is then asked to rate his or her job satisfaction on a scale of 1(very dissatisfied) to 10(very satisfied). Would this be an example of independent samples or dependent samples? Explain

Business

Rachel gives Karen a good rating in a performance appraisal because Karen once handled a difficult customer by empathizing with him. Since that incident, Rachel believes that Karen is the smartest and most efficient employee in the organization. Even though Karen has multiple positive attributes to her personality, Rachel makes an overall impression of Karen based on her quality of empathy. This is an example of the

A. decoy effect. B. halo effect. C. contrast effect. D. bandwagon effect.

Business