Which one of the following statements, about the ability of retail producers who do not hold...

Which one of the following statements, about the ability of retail producers who do not hold a surplus lines license to place surplus lines insurance with an insurance customer, is true?

Select one:

a. They are free to place this business directly, on their own

b. They may not become involved in surplus lines insurance in any way

c. They may place this business only through a licensed surplus lines intermediary

d. They may place this business on their own, if admitted lines insurance is unavailable

Expert Solution

Answer is (a) They are free to place this business directly, on their own. This statement is correct for the given investment

jeff jeffy answered 2 years ago

Which one of the following statements is correct about hypothesis testing?

Which one of the following statements about accredited investors is NOT true (choose one): a. If...

Which one of the following statements about accredited investors is NOT true (choose one): a. If start-ups want funding from angels or VCs, they must ensure these investors are accredited. b. The SEC does not officially certify accredited investors for each transaction. c. A start-up can get funding from its founders, even if they are not accredited. d. If start-ups issue an IPO, they must ensure that investors are accredited. e. Accredited investors must have enough personal financial strength to...

Which of the following statements about the cost of capital is CORRECT ? Select one: a....

Which of the following statements about the cost of capital is CORRECT ? Select one: a. Both the cost of debt and equity financing will decrease when a nuclear plant company encounters a ban on nuclear power generation in certain states. b. Both the cost of debt and equity financing will decrease when a firm increases its debt/asset ratio. c. Both the cost of debt and equity financing will decrease when a firm expands into a risky new area. d....

Which of the following statements about COBIT 5 is not true? Select one: a. It is...

Which of the following statements about COBIT 5 is not true? Select one: a. It is a framework designed to assist with critical business issues related to the governance and management of information technology b. One of the five principles of COBIT 5 is Enabling a Holistic Approach c. COBIT 5 helps companies only if they use it in addition to following COSO ERM d. All of the above statements are true

Which one of the following statements about the Gini coefficient is not true? A. The Gini...

Which one of the following statements about the Gini coefficient is not true? A. The Gini coefficient increases as income inequality increases. B. The Gini coefficient equals zero when there is perfect equality. C. The Gini coefficient must fall when the amount of income in an economy increases. D. The Gini coefficient equals one when there is perfect inequality. E. The Gini coefficient reflects the data shown in the Lorenz curve.

Which one of the following statements about insurer profitability is true? Select one: a. Profitability is...

Which one of the following statements about insurer profitability is true? Select one: a. Profitability is not important to insurance companies b. Profitability is the only important goal of insurance companies c. Cooperative insurers should earn a profit, but this is not their primary goal d. Cooperative insurers are prohibited from earning a profit

Which one of the following statements is NOT true about Angel investors and VCs (choose one)?...

Which one of the following statements is NOT true about Angel investors and VCs (choose one)? a. Both sets of investors consider factors such as management team, market size, business model, and sustainable competitive advantage b. Angels expect to get most of their returns from a few spectacular successes while VCs look for a higher percentage of successful companies c. VCs typically invest from funds they’ve raised while angels invest their own money d. VCs prefer investments with larger investment...

Which of the following adoption categories often includes individuals who are well respected or who hold...

Which of the following adoption categories often includes individuals who are well respected or who hold central positions in their community, meaning that their broad influence helps an innovation start to take off and spread through a social system? Innovator Early Adopter Early Majority Laggards Opinion leaders tend to be early adopters and are often the first to adopt an innovation. True False What does the S-shaped curve associated with Diffusion of Innovation Theory depict? A. the adoption rate of...

Which one of the following statements about brown dwarfs is false? (a) A brown dwarf is...

Which one of the following statements about brown dwarfs is false? (a) A brown dwarf is in hydrostatic equilibrium. (b) A brown dwarf is less massive than a normal star. (c) A brown dwarf shines primarily at infrared wavelengths. (d) A brown dwarf’s diame-ter is at least 13 times that of Jupiter. (e) Unlike a planet, a brown dwarf does produce energy through nuclear fusion, at least for a short time.

Which of the following statements about the price elasticity of demand is correct? Select one: a....

Which of the following statements about the price elasticity of demand is correct? Select one: a. All of the above are correct. b. Price elasticity of demand reflects the many economic, psychological, and social forces that shape consumer tastes. c. The price elasticity of demand for a good measures the willingness of buyers of the good to move away from the good as its price increases. d. Other things equal, if good x has close substitutes and good y does...

Question