Which of the following terms describes an insurance company that is doing business in Nebraska but was incorporated in another state?
A) Foreign company.
B) Domestic company.
C) Alien company.
D) Chartered company.
Ans: A) Foreign company.
Business
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A 401(k) plan is which of the following types of retirement benefits?
A) defined contribution B) defined benefit C) qualified benefit D) nonqualified benefit
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A shift toward more fixed costs increases business risk, which in turn causes earnings before interest and taxes to increase by less for a given increase in sales
Indicate whether the statement is true or false
Business