Which is a false statement? The California Insurance Commissioner is:

A. Elected by the people of California every four years
B. Selected by the Governor as an appointee
C. Is a representative to the National Association of Insurance Commissioners
(NAIC)
D. Capable of becoming the conservator of a financially impaired, or insolvent,
insurer

Ans: B. Selected by the Governor as an appointee

Business

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A ________ PE may indicate that the market feels the firm's earnings are very ________ risk and is therefore willing to pay a ________ for them

A) high; low; premium B) high; high; discount C) low; low; discount D) high; high; premium

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With the database approach, data descriptions are stored in a central location known as a:

A) server. B) mainframe. C) PC. D) repository.

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