1.         Describe who is covered/protected by the Homeowners Policy.

2.         Describe the four coverages found in Section One (Property Coverage) of the Homeowners Policy. Give an example of a loss covered by each section.

3.     Describe the two coverages found in Section Two (Personal Liability) of the Homeowner’s Policy. Give an example of a loss covered by each section.

4.         What is the difference between a “named perils” policy and an “open perils” policy?

5.         List and briefly explain the exclusions under the Homeowner’s Liability coverage?

6.         List and briefly explain the exclusions under the Homeowner’s Five – Comprehensive form property coverage?

7.         List the insured named perils as found in the Homeowner’s Three – Special form property coverage

8.         List and briefly describe three commonly used policy endorsements to the Homeowner’s Insurance policy

Describe in detail the reason why a firm that chooses to locate in one country over another country i.e. country specific characteristics

-Use real world examples that support your answer

Scenario #1: The State of Wisconsin began running a Boot Camp for first time youth drug offenders. The camp entails sending the offenders to the north woods from 3/14/2015 - 4/27/2015. "Campers" will build their own shelters and cook over open fires. The camp also includes traditional boot camp aspects like exercise, drills, etc. Billy Badger was given the job of determining the effectiveness of the boot camp. The next time the boot camp is conducted, he will compare a random sample of offenders placed in traditional programs (e.g., probation, incarceration, drug treatment, day treatment, house arrest, etc.) to a random sample of offenders placed in the boot camp. He is planning on comparing the groups on recidivism rates for the next two years.

1. What is your proposed Research Question(s) for this study? List them in detail.

2. What is your proposed "Hypothesis" for this scenario? Be specific.

3. What is your proposed "Null Hypothesis" for this scenario?

4. What is an "Independent Variable?" What would be the Independent Variable(s) for this scenario?

5. What is a "Dependent Variable?" What would be the Dependent Variable(s) for this scenario?

6. What would be your research design for this study. Where would it take place? How would you choose your subjects? What measurement tool(s) would you use and why?

7. How would you show your results? Be specific with several examples.

8. What problems, if any, do you project with the proposed studies regarding the participants or outcomes?

You are given a budget of $1,000,000 to start your own business. What type of business would you start? Please state which form of business ownership would you use? State the reason(s) why. Provide the background information and an estimated budget for your business.

A bag contains 9 red, 8 orange, and 6 green jellybeans. What is the probability of reaching into the bag and randomly withdrawing 17 jellybeans such that the number of red ones is 7, the number of orange ones is 7, and the number of green ones is 33? Express your answer as a fraction or a decimal number rounded to four decimal places.

A bag contains 9 red, 8 orange, and 6 green jellybeans. What is the probability of reaching into the bag and randomly withdrawing 17 jellybeans such that the number of red ones is 7, the number of orange ones is 7, and the number of green ones is 33? Express your answer as a fraction or a decimal number rounded to four decimal places.

Please explain both questions in detail.

1) Why do economies grow in the long run? What factors explain differences in GDP per capita across countries?

2) Classic vs Keynesian Model. Explain the differences between assumptions, fiscal multipliers, etc.

Assume that if the product requested is not in stock, it needs to be manufactured
before the order handling can continue. In this way, an order can never be rejected.
To manufacture a product, the required raw materials have to be ordered. Two
preferred suppliers provide different types of raw material. Depending on the prod-
uct to be manufactured, raw materials may be ordered from either Supplier 1 or
Supplier 2, or from both. Once the raw materials are available, the product can be
manufactured and the order can be confirmed. On the other hand, if the product
is in stock, it is retrieved from the warehouse before confirming the order. Then
the process continues normally. After confirming the order, the shipment address is
received and the requested product is shipped while the invoice is emitted and the
payment is received. Afterwards, the order is archived and the process completes.

With respect to the above process, use the following report format and provide
necessary discussion under each section:
1. Descriptions of System
- Describe the system
- (If any) Explain any problem(s) in the system (e.g. causes of the problem
and its (potential) effects
2. Simulation Objective(s)
- State the objective(s) of carrying out your simulation project

What sorts of restrictions or guidelines should firms place on the use of social networks or the other Web 2.0 tools discussed in this chapter? Are these tools a threat to security? Can they tarnish a firm's reputation? Can they enhance a firm's reputation? How so? Please make sure you answer all parts of the question in enough detail to make your point.

1. ABC Insurance Company utilizes the company’s risk control department services. The underwriter, Tim, received an application for property and liability insurance from Best Manufacturing. Tim googled the applicant and found some interesting information stated on the internet. There was a lawsuit filed against Best Manufacturing for a serious injury by a person using Best Manufacturing lawnmower. There was a second suit for injury to a child by a Best Manufacturing hedge clipper. There was also a press release about a new product, the easy to use chain saw. The application did not show any of this information. The application did state that there was one worker death two years ago, due to electrocution.

Best Manufacturing is located in California. When Tim looked at an aerial view of their five buildings he saw that the buildings were surrounded by deteriorating roads and buildings, many looked unoccupied. Provide a detail explanation of how Tim should utilize risk control to understand the applicant’s business and risks associated with Best Manufacturing.