Beth was late for work. As she drove around a curve, she hit a patch of oil that had been spilled on the road. She slid across the road and hit a guard rail. Beth was not hurt; however, her car was severely damaged. The presence of oil on the road is best described as a(n):
(a) attitudinal hazard
(b) objective risk
(c) moral hazard
(d) physical hazard
Ans: (d) physical hazard
Business
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Significant financing and investing activities that do not affect cash are not reported in the statement of cash flows or any other place.
a. true b. false
Business
The average real estate brokerage is likely to spend the greatest option of its advertising dollars on
a. internet postings b. classified ads c. radio and television d. personal advertising
Business