Which of the following statements regarding health insurance is not true?
A) It limits your potential liabilities and helps you receive the necessary medical care.
B) Health insurance is offered by private insurance companies and the government.
C) There are many more options available for homeowner's insurance than for health insurance.
D) Blue Cross and Blue Shield is the nation's largest health care insurer.
Answer: C
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Which of following statements is true of short-term decision making?
A) Fixed costs and variable costs must be analyzed separately. B) All costs behave in the same way. C) Unit manufacturing costs are variable costs. D) All costs involved in a decision are considered relevant.
If the amount of money in the Real Estate Recovery Trust Account drops below $1 million, the Texas Real Estate Commission may
A) limit payments from the fund to $5,000 per claim. B) assess each license holder a pro rata share to bring the account to $1,700,000. C) suspend payments from the fund until new license holders bring up the balance to an acceptable level. D) transfer license holder fees and Texas A&M Research Center fees to the fund.