One component of the financial management framework is the examination of the external environment in which the firm operates

Indicate whether the statement is true or false

TRUE

Business

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When credit life or health insurance is required to secure a debt, the debtor must

A) buy required coverage directly from the loan institution itself B) purchase the required coverage from the loan institution's insurer C) have the option of getting required coverage from existing coverage or from any authorized insurer D) have the option of buying federal government credit coverage through the Social Security Administration

Business

The seller of a dwelling containing one-to-four units, in complying with the Real Estate Transfer Disclosure Statement requirements, must:

A: Leave the inspection and signing of the form to the real estate agent that represents him/her; B: Designate a professional inspector to examine the property before completing the form; C: Make a reasonable inspection before completing the report; D: Refer to the broker's inspection report when completing the form.

Business