This topic contains a solution. Click here to go to the answer

Author Question: Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can ... (Read 96 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can obtain physical damage insurance on these vessels by purchasing
 
  A) hull insurance.
  B) cargo insurance.
  C) protection and indemnity insurance.
  D) freight insurance.

Question 2

Consider a corporation that was originally 100 family owned. Which of the following statements is TRUE?
 
  A) Each time the company issues new shares family control may be reduced.
  B) If the family owns more than 50 of the shares they still have effective control of the firm.
  C) Even if the family owns less than 50 of the outstanding shares they may still retain effective control of the firm, especially if there are no other large shareholders.
  D) All of the above are true.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

Answer: A

Answer to Question 2

D





 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library