Lucien recently opened a shop to repair antique furniture. Which of the following best describes Lucien?
A. founder
B. general manager
C. franchisee
D. two of the above are correct.
Answer: A
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To be able to claim loss, those who have an insurable interest in property must have that interest:
A. at the time the loss occurs. B. at the time the policy was issued. C. throughout the term of the policy. D. before the loss occurs.
Which of the following statements is false?
a. There is a relationship between time and relevance. b. An opportunity cost represents the benefits foregone because one course of action is chosen over another. c. Incremental revenue and differential revenue are not the same thing. d. If machine A has an annual operating cost of $30,000 and machine B has an annual operating cost of 26,000 the incremental cost of the 2 machines is $4,000.
Larry wants to be politically correct, so when introducing Janis Stewart, the vice president of marketing in his company to friends at a party, he says, "I would like you to meet Janis Stewart,
A) our woman vice president of marketing." B) the highest placed girl in our company." C) one of the best female minds in marketing." D) our vice president of marketing."
The ____ Clause protects against impairing the charter of a corporation formed under a state incorporation statute
A) Supremacy B) Commerce C) Contract D) Takings