Marco, a risk manager in California, is interviewing for a new position in the state of Washington. When Marco asked about methods of providing workers compensation, the answer surprised him.
In Washington, employers can self-insure the risk or obtain coverage through a state fund. Private insurers do not market workers compensation insurance in Washington. Washington uses a
A) competitive state fund.
B) guaranty fund.
C) reinsurance facility.
D) monopoly state fund.
Question 2
The payment of a dividend to current shareholders will have no impact on a corporation's share
price because the cash paid is not available to future potential shareholders who may want to buy
the corporation's stock.
Indicate whether the statement is true or false
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