In which of the following relationships would there NOT be an insurable interest?
A) Parent to child
B) Business partner to business partner
C) Brother to sister
D) Business owner to business customer
Answer: D) Business owner to business customer
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When consumers can drive transactions with businesses, what type of online marketing is being used?
A) blogs B) podcasting C) social networking D) business-to-consumer E) consumer-to-business
Two 6-month corn put options are available. The strike prices are $1.80 and $1.75 with premiums of $0.14 and $0.12, respectively
Total costs are $1.65 per bushel and 6-month interest rates are 4.0%. Farmer Jayne wishes to hedge 20,000 bushels for 6 months. What is the highest profit or minimum loss between the two options if the spot price in 6 months is $1.70 per bushel? A) $88 loss B) $88 gain C) $496 loss D) $496 gain