That Part of a Property and Liability Insurance Contract That

question 46

Multiple Choice

That part of a property and liability insurance contract that contains information about the property or activity to be insured is called the

• A)declarations.
• B)insuring agreement.
• C)exclusions.
• D)conditions.

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Definitions:

Regular Cash Dividend

is a fixed amount paid per share to shareholders, typically on a quarterly basis, from a company's earnings.

Residual Dividend Approach

A policy for setting a company's dividend payment, where the dividend paid is based on earnings minus funds the firm retains to finance the equity portion of its capital budget.

Debt-to-Equity Ratio

A ratio reflecting the comparative amounts of debt and equity used to finance a company’s assets.

Investment Needs

The amount of capital required to fund a project, purchase assets, or support operations within a business.