The bid price is the price that a dealer will pay for a security; ...

[ishan]

The bid price is the price that a dealer will pay for a security; the asked price is the price at which
  she will sell a security.
 
  Indicate whether the statement is true or false

Question 2

The Homeowners 3 policy limits the amount of coverage provided on certain personal property (e.g. coin collections and silverware). This personal property can be adequately insured by
 
  A) lowering the deductible which applies to personal property losses.
  B) storing the property away from the home at another location.
  C) adding a schedule to the policy listing the property with specific amounts of insurance.
  D) adding an appraisal clause to the policy.

[diana chang]

Answer to Question 1

TRUE

Answer to Question 2

Answer: C