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 126 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?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library