A change from commercial bank deposits to money market mutual funds typically allows an investor to benefit from higher yields, but with the cost of losing deposit insurance coverage.

a. true
b. false

Ans: a. true

Business

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A statute of limitations sets a time period in which the plaintiff has to get a suit to trial

Indicate whether the statement is true or false

Business

The independent agency system:

A) is doomed because agent's commissions are too high relative to direct writers B) means the agent rather than the insurance company "owns" the business C) is not a good career path for most college graduates because the system is doomed to extinction D) is growing rapidly to the point of eliminating the direct writers

Business