If the owner of real property carries proper fire insurance coverage, that insurance policy will protect the owner in the event of loss. In such a case, the insured:
A: Might gain, but definitely will not lose money;
B: Should neither gain nor lose;
C: Might lose, but certainly will not gain;
D: None of the above.
Answer: B: Should neither gain nor lose;
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The owner of a pet grooming salon wants to calculate customer equity. Which of the following would be a step the owner of this pet grooming salon should complete?
A) Compare investments made by the salon owner in acquiring the customer to the total amount of purchases made by the customer. B) Compare investments made by the salon owner to retain this customer to the total amount of taxes the salon owner pays. C) Ask the customer if she is planning on getting any new pets. D) Investigate how many other pet grooming salons are within five miles to determine the likelihood of this pet owner returning to this salon. E) Determine the age of the pet to estimate how much longer this customer may need the services of the salon.
A scatter diagram is a graphical technique that shows whether two variables may be related
Indicate whether the statement is true or false