All of the following losses are subject to special limits of liability under the Homeowners 3 policy EXCEPT
A) theft of firearms.
B) destruction by fire of property used for business purposes.
C) storm damage to a boat at a marina.
D) furniture destroyed by a fire.
Answer: D
Business
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Maywood, Inc. has 3,000 shares of common stock outstanding. A stockholder has 300 shares. If the company distributes a 25% stock dividend, the stockholder now holds ________ shares of Maywood stock
A) 375 B) 750 C) 300 D) 75
Business
Which of the following actions will increase the Common Stock account?
A) cash dividend B) stock split C) stock dividend declared and distributed D) purchase of treasury stock
Business