What are the estimated standard deviations (in weeks) in the times for activities A-H?

An understanding of the role of capital markets is one of the fundamental concepts that a nonfinancial manager should understand in order to:

A) better assess the current environment in which the firm operates. B) better assess future financing requirements. C) better understand the role of the capital markets in raising long-term funds. D) better measure and create value for the shareholders.

There are a number of implied warranties in ocean marine insurance. One implied warranty is that the vessel is properly constructed and maintained, and that it is properly equipped for the voyage to be undertaken. This implied warranty is the warranty of

A) seaworthiness. B) barratry. C) no deviation from planned course. D) legal purpose.