Which of the following types of legal liability coverage is most likely to have a "long tail" problem, and thus be insured under a claims-made contract?
A) Water craft liability
B) Auto liability
C) Contractual liability
D) Products liability
D
Business
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For June, Gold Corp. estimated sales revenue at $600,000. It pays sales commissions that are 4% of sales. The sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. How much are budgeted selling expenses for the month of July if sales are expected to be $540,000?
a) $327,000 b) $27,000 c) $42,000 d) $330,000
Business
People can be influence without them having to understand, learn, or retain the specific information contained in a message
a. true b. false
Business