Question

In: Finance

True or false. The creation of the California EarthquakeAuthority was associated with a significant increase...

True or false. The creation of the California Earthquake Authority was associated with a significant increase in earthquake insurance coverage of California homes.

Solutions

Expert Solution

The said statement is True

In 1994 the state created the California Earthquake Authority (CEA), a public instrumentality that provides basic residential earthquake insurance throughout the state.


Related Solutions

true or false if false make the statement right  If sales increase by​ 5% and total...
true or false if false make the statement right  If sales increase by​ 5% and total assets fall by​ 1%, the TAT ratio would go down by approximately​ 6%  A decrease in the current ratio indicates an improvement in a​ firm’s liquidity.  An increase in the cash coverage ratio means that a firm is less likely to default on its outstanding debt.  Ceteris paribus​, according to the DuPont​ framework, an increase in the use of debt would increase a​ firm’s...
Answer True or False for the following questions: 1. In the state of California, workers must...
Answer True or False for the following questions: 1. In the state of California, workers must elect to be covered by state disability. 2. The head of household filing status will receive the highest standard deduction on a federal tax return. 3. Contributions to ROTH IRA are not deductible on your tax return, however, you are exempt from income taxes when you withdraw the money from a ROTH IRA after retirement. 4. A mutual fund is a type of interest...
true or false 1. The origin of photosynthesis led to an increase in methane in the...
true or false 1. The origin of photosynthesis led to an increase in methane in the atmosphere. 2. Stromatolites are evidence of the origin of prokaryotes. 3. Lamarck’s theory of inheritance of acquired characteristics is a commonly accepted mechanism of evolution. 4. The Permian Mass Extinction was likely caused by an enormous meteorite strike to the earth. 5. The Cambrian Explosion is the time period when the diversity of mammals expanded on earth.
TRUE or FALSE 1). The increase in the volatility of the security has the impact of...
TRUE or FALSE 1). The increase in the volatility of the security has the impact of the increase in the value of the call option and the decrease in the value of the put option. 2)An investor may acquire a call option to protect a short selling position. Thank you
True or False: A 10% reduction in price that leads to a 10% increase in the...
True or False: A 10% reduction in price that leads to a 10% increase in the amount purchased indicates a price elasticity of more than 1 (in absolute value). True False True or False: A 10% reduction in price that leads to a 2% increase in total expenditures (or total revenue) indicates a price elasticity of more than 1 (in absolute value). True False If the percentage change in price is less than the resultant percentage change in quantity demanded,...
1. (True or False) A use case for blockchain may exist wherever there is a significant...
1. (True or False) A use case for blockchain may exist wherever there is a significant cross-organization workflow. 2. (True or False) Ethereum is a type of artificial intelligence. 3. (True or False) Consortium blockchain has no access restrictions in relation viewing or participating in the blockchain network. 4. (True or False) Smart contracts may be an opportunity for auditors as they contain business rules. 5. (True or False) The cost of false prediction is important to data analysts. 6....
1. (True or False) A use case for blockchain may exist wherever there is a significant...
1. (True or False) A use case for blockchain may exist wherever there is a significant cross-organization workflow. 2. (True or False) Ethereum is a type of artificial intelligence. 3. (True or False) Consortium blockchain has no access restrictions in relation viewing or participating in the blockchain network. 4. (True or False) Smart contracts may be an opportunity for auditors as they contain business rules. 5. (True or False) The cost of false prediction is important to data analysts. 6....
True or False? if False say why 1- If you want to increase your FICO socre,...
True or False? if False say why 1- If you want to increase your FICO socre, it is a good idea to max out your credit card 2- if you cannot afford to make 20 percent down payment, you can choose to buy mortgage insurance and not to pay any down payment at all 3- the ratio of borrower income to housing expense is referred to as "LTV" 4- A mortgage is said to be confornming if it meets the...
Discuss the benefits and problems associated with the creation of the Euro.
Discuss the benefits and problems associated with the creation of the Euro.
True or False ? 1-revenues can be defined as a resources use associated with providing or...
True or False ? 1-revenues can be defined as a resources use associated with providing or supporting a specific service. 2-fixed costs are costs that directly related to the volume of services supplied.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT