In Opperman v. Anderson the court found that the sold stock converted to cash was not an ademption, and allowed Anderson and Baker to have the two bank accounts

Dividends payable is classified as a

A. Long-term liability B. contra stockholders' equity account to retained earnings C. current liability D. stockholder's equity account

What is the difference between pro-rata reinsurance and excess of loss reinsurance?

What will be an ideal response?