Nancy is an agent for Assured Life and Health Insurance Company and convinces Sook, a young newlywed, to buy a policy. Sook and her spouse have recently moved to the city and found new jobs. Nancy wants to help them get settled. She may help them in all of the following ways EXCEPT
A) depositing the initial premium in her own account
B) delivering the policy
C) collecting the initial premium
D) explaining the coverage"
Ans: A) depositing the initial premium in her own account
Business
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The US dollar and the Japanese yen are free to float against each other. This means that their exchange rates _____ fluctuate.
Fill in the blank(s) with the appropriate word(s).
Business
The flexible budget will report ________ for the fixed costs.
A) $50,500 B) $49,500 Favorable C) $49,500 D) $1,000 Unfavorable
Business