Errors and omissions insurance is required for
a. all licensed corporations and limited liability companies
b. utility companies buying right of ways
c. partnerships who are buying real estate for their own account
d. inactive brokers
Answer: a. all licensed corporations and limited liability companies
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Given the returns of two stocks J and K in the table below over the next 4 years
Find the expected return and standard deviation of holding a portfolio of 40% of stock J and 60% in stock K over the next 4 years: Stock J Stock K 2010 10% 9% 2011 12% 8% 2012 13% 10% 2013 15% 11% A) 10.7% and 1.34% B) 10.6% and 1.79% C) 10.6% and 1.16% D) 14.3% and 2.02%
OSHA inspectors are planning a surprise inspection at a steel mill. Which of the following is most likely true?
A) The steel mill management has the right to demand a search warrant. B) The employer must prevent inspectors from entering the building according to federal law. C) Surprise inspections are illegal except in cases of "imminent danger" in the workplace. D) The inspectors will not have the right to question employers or employees.