Why is there unequal knowledge and bargaining power in the insurance transaction?
A) The complexity of the insurance contract and the intangible nature of the product
B) The insurance companies want to confuse consumers so it is difficult to make choices.
C) Consumers do not receive the policy until months after the contract goes into effect.
D) There is no competition in the industry, therefore the consumer is stuck with inferior products.
A
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Which of the following statements regarding safety in the guest bath is TRUE?
a. bath and shower valves should be installed that maintain a preset mix of hot and cold water and automatically adjust to system changes b. hotel water system supplying commercial facilities, guestrooms, and locker rooms should be separated from those supplying kitchens and laundries c. guest use water temperatures should be set no higher than 120F (49C) at the source and 110F (43C) a the tap d. all of the above are true
All other things equal, analysts prefer companies with PEG ratios that
A) match or exceed the companies' earnings growth rates. B) match or exceed the companies' book values. C) are high. D) are low.