Health insurance protects net worth by minimizing the chance that you will have to reduce savings or incur debt when you require medical attention

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Depreciation calculated using the production or units of output method is an example of a fixed cost

Indicate whether the statement is true or false

Business

An agency relationship must be based on an express or implied agreement that the agent will act for principal and that the principal agrees to have the agent so act

a. True b. False Indicate whether the statement is true or false

Business

What will be Monty's minimum payment due?

Monty currently has a Visa card from his bank with the following terms: 18% on purchases, 24% on cash advances with a 4% cash advance fee on the amount, and a default or penalty rate of 36%. His current statement shows a balance of $6,000. So far he has only taken one cash advance, withdrawing $1,000 from a casino in Las Vegas a year ago, which he has already paid off. Lately he has been having a hard time paying more than the minimum payment of 4% of his balance. The only assets he owns are a seven-year-old car and a $2,500 certificate of deposit that has a 5% APR. A) $90 B) $20 C) $240 D) $1,080 E) None of the above

Business

________ is the ability to link or combine ideas in novel ways

a. Creativity b. Homogeneity c. Authentic leadership d. Visionary leadership

Business