What is required by the substantial evidence test?
A) The conclusions reached must be supported by such relevant evidence as a reasonable mind might accept as adequate to support a conclusion.
B) It permits the court to try the facts de novo.
C) It requires that the agency set aside action if it is prejudicial.
D) It requires proof beyond a reasonable doubt.
A
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A wealthy art collector has decided to endow her favorite art museum by establishing funds for an endowment which would provide the museum with $1,000,000 per year for acquisitions into perpetuity
The art collector will give the endowment upon her fiftieth birthday 10 years from today. She plans to accumulate the endowment by making annual end-of-year deposits into an account. The rate of interest is expected to be 6 percent in all future periods. How much must the art collector deposit each year to accumulate to the required amount? A) $1,575,333 B) $ 736,000 C) $1,264,466 D) $ 943,396
Floater policies are used to insure:
A) property that is not waterproof B) property that is easily and frequently moved C) property that can't be covered by any other type of insurance D) small boats, canoes, rafts, etc