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Arisa [49]
3 years ago
12

Which of the following statements about the commercial umbrella liability policies is false?

Business
1 answer:
mr Goodwill [35]3 years ago
6 0

Answer:

The Correct Option is C

Explanation:

Even if the insured fails to keep the underlying coverage in force, the umbrella policy is designed to still cover all claims that surpasses the underlying policies limit as though the were kept in force.

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C.principal-agent problems.

Explanation:

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Agency cost is a situation where agents become selfish and pursue strategies and policies that will promote the self interest of agents and cause dissatisfaction to principals.

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A print ad usually includes which two things?
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A. Images and text

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You are stocking shelves when you notice that a large line has formed at the only open cash register. what will you do?
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I will stop what I am doing to go open another cash register so things will move by quicker and customers won't get irritated
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Edna Recording Studios, Inc., reported earnings available to common stock of $4,200,000 last year. From those earnings, the com­
kicyunya [14]

Answer:

Cost of retained earnings

= <u>Do(1 + g)</u>   + g

      Po

= $1.26<u>(1 + 0.06)</u>   + 0.06

               $40

= 0.0333 + 0.06

= 0.0933 = 9.33%

                                         

Explanation:

Cost of retained earnings is equal to current dividend paid subject to growth rate divided by the current market price of common stock plus growth rate

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Which of the following is a duty of a personal finance manager?
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