To lessen the impact of catastrophic losses, many insurers use all the following except:

A) contingent surplus notes
B) catastrophe bonds
C) forward purchase options
D) exchange traded options

C

Business

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Quinn is excited about getting her first credit card. However, she should be aware of the fact that

A. the convenience of credit cards can lead to excessive debt.
B. credit cards require that at least 25% of the balance be paid each month.
C. there will be a finance charge even if Hannah pays her entire credit card balance in full and on time.
D. credit cards are no longer accepted in many places as a valid source of credit.

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Business

A(n) ________ is a special form of partnership in which all partners are limited partners, and there are no general partners

A) domestic LLC B) proprietorship C) LLC (limited liability company) D) LLP (limited liability partnership)

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Business