Which of the following best describes the two sources of insurance regulation?
A) State governments and the federal government
B) Insurance law and the administration of that law
C) Contracts and the court system
D) Administrative bodies and the court system
B
Business
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If an appraiser determines the value of a property by considering the income that it produces and the percentage return which can reasonably be expected to be earned on the investment, he is using a process which is called:
A: Market data method; B: Breakdown method; C: Cost approach; D: Capitalization.
Business
The nation's small businesses ________
A) employ more than 49 percent of the nation's private sector workforce B) create more jobs than do big businesses C) account for 47 percent of business sales D) All of the above
Business