What would an early frost in the vineyards of the Okanagan Valley cause?
a. a decrease in the demand for wine, decreasing price
b. an increase in the demand for wine, increasing price
c. a decrease in the supply of wine, increasing price
d. an increase in the supply of wine, decreasing price
Ans: c. a decrease in the supply of wine, increasing price
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On April 1, 2017, Banne Services received a 7-month note for $12,000 at 12%. Calculate the amount of interest due at maturity. (Round your answer to the nearest dollar.)
A) $756 B) $924 C) $1,440 D) $840
Which of the following would NOT be covered under Coverage B of the Homeowners forms?
a. A separate building on the insured premises used for business. b. A building connected to the main dwelling only by a fence. c. A private garage rented to a non-tenant. d. An in-ground swimming pool.