To protect the firm against the loss of earnings if the business operations are disrupted due to fire, accident, or some other insured peril a firm would purchase ________
A) property insurance
B) key personnel insurance
C) business liability insurance
D) business interruption insurance
Answer: D
Business
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The major problem with ________ is the need to establish that the person being sued knowingly misled the victim.
A) fraudulent misrepresentation B) innocent misrepresentation C) negligent misrepresentation D) undue influence E) deceit
Business
According to the bird-in-the-hand argument, current dividend payments reduce investor uncertainty and result in a higher value for a firm's stock
Indicate whether the statement is true or false
Business