An insurer enters into a contract with a third party to insure itself against losses from insurance policies it issues. What is this agreement called?

Which of the following direct effects on the fundamental accounting model is not possible as a result of transaction analysis?

A. Increase a liability and increase an asset. B. Decrease stockholders' equity and increase an asset. C. Increase an asset and decrease an asset. D. Decrease stockholders' equity and decrease an asset.

The Association of Specialty Surgical Practice has published a minimum fee schedule for services and distributed this schedule throughout the medical profession. What is Specialty Surgical encouraging?

a. bait pricing b. price fixing c. predatory pricing d. unfair trade practices