« previous next »

Author Question: Scott had trouble obtaining auto insurance. After three companies refused to insure him, he called ... (Read 82 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jul 11, 2018
Scott had trouble obtaining auto insurance. After three companies refused to insure him, he called the state insurance department.
 
  A representative suggested he obtain coverage through Last Chance Insurance Company because that's all they insurehigh-risk drivers. Scott contacted Last Chance. He was not refused coverage; however, the premium Scott was required to pay was three times greater than the average premium in the market. Last Chance Insurance Company is a(n)
  A) reinsurance facility.
  B) automobile insurance plan.
  C) specialty auto insurer.
  D) joint underwriting association.

Question 2

Which of the following goals of the firm are synonymous with the maximization of shareholder wealth?
 
  A) Profit maximization
  B) Risk minimization
  C) Maximization of the total market value of the firm's common stock
  D) None of the above


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Mechanism of transport by a transporter, also called a carrier. Mechanism of transport by a transporter, also called a carrier.
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
A finger-stick is useful for obtaining small amounts of blood. A finger-stick is useful for obtaining small amounts of blood.
A fluorescent trouble light operates cooler and is safer to use in the shop because it is protected ... A fluorescent trouble light operates cooler and is safer to use in the shop because it is protected ...
economic question (having trouble) economic question (having trouble)
A commercially available DNA microarray, called a GeneChip, marketed by Affymetrix, Inc A commercially available DNA microarray, called a GeneChip, marketed by Affymetrix, Inc
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library