Bond indentures include restrictive covenants.These provisions protect the bondholders against ________
A) increase in inflation rate
B) increase in borrower's risk
C) decrease in liquidity risk
D) maturity risk
B
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Trudy has been promoted from being a firefighter to working at a desk in the arson unit. How will this affect her health care according to the change of occupation provision?
A) Her premium will be reduced and the insurer will decrease her benefits. B) Her premium will be increased and the insurer will increase her benefits. C) Her premium will be reduced and the insurer will return the excess pro-rata unearned premium to her. D) Her premium will be reduced and the insurer will increase her benefits since her job is less hazardous.
Of minority groups in the United States, __________________ own the most small businesses.
Fill in the blank(s) with the appropriate word(s).