Which of the following types of forms is used to insure fluctuations in business personal property, such as inventory and finished goods?
A) accounts receivable coverage form
B) a value reporting form
C) difference in conditions insurance
D) business income insurance
Question 2
You can buy a 50 savings bond today for 25 and redeem the bond in 10 years for its full face
value of 50. You could also put your money in a money-market account that pays 7 interest per
year.
Which option is better, assuming they are of equal risk?
A) The money-market account is better because it requires a smaller investment.
B) The money-market account is better because it pays more interest.
C) The savings bond is better because it earns a higher interest rate.
D) The money market and savings bond both earn 7 interest, so they are equal in value.