The amount of a bond is usually twice the value of the personal property of the estate.
a. true
b. false
Answer: a. true
Business
You might also like to view...
With decreasing term insurance
A) the premiums remain constant, but the face amount of the policy declines. B) the premiums decline, and the face amount of the policy declines. C) the premiums remain constant, and the face amount of the policy remains constant. D) the premiums decline, and the face amount of the policy increases.
Business
Organizational stakeholder groups
A) may not always have the same interests. B) always have the same ultimate vested interests in how the organization uses its resources. C) are consistent with management interests. D) seldom exert pressure on management.
Business