A master policy is issued to the sponsoring group and the policyholder is

Remanufacturing helps improve profits as long as

A) the comparatively low margin of remanufactured to newly-produced products exists. B) the comparatively high cost of remanufacturing to newly-produced products exists. C) the fear exists that remanufactured products will be purchased instead of newly-produced products. D) two distinct segments of demand exist for the product — one for new and one for old products.

Typically, shares of stock are stored in the vault of the brokerage firm and you, as owner, will not take physical possession. Under these circumstances the brokerage firm is the ________ and you are the ________

A) street owner; settlement owner B) settlement owner; street owner C) owner of record; beneficiary owner D) beneficiary owner; owner of record