Because demutualization is a slow and cumbersome process, some states have enacted legislation that allows a mutual company to be reorganized so that it may own or acquire control of stock companies that can issue additional shares of common stock. The reorganized mutual company is called a(n):

(a) mutual holding company
(b) captive insurance company
(c) shell insurance company
(d) fronting insurance company

Ans: (a) mutual holding company

Business

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To avert troubles and reinforce the idea that they are responsible and concerned local residents, all foreign companies operating internationally should ________

A) focus on communicating just how responsible they are as concerned local companies B) continue to lead by example that they think and act globally C) publicize how they are the single-most important standard-bearer for their host countries D) take proper actions first then communicate it appropriately

Business

What is the term structure of interest rates? How are spot interest rates determined from coupon bond prices?

What will be an ideal response?

Business