Commerce & Business Insurance,Inc

question 2

Multiple Choice

Commerce & Business Insurance,Inc.,has a valid reason to cancel a policy issued to DIY Auto & Truck Parts Company. In most states,Commerce & Business could cancel the policy on

• A)advance oral or written notice.
• B)oral or written notice but only after arbitration.
• C)no notice.
• D)advance written-not oral-notice.

---

Definitions:

Capital Gain Yield

The aspect of the total gains from an investment that derives solely from its rise in price, without accounting for dividends or interest received.

Required Rate

The minimum return an investor expects to achieve on an investment.

Dividend Yield

A measurement comparing the yearly dividends issued by a business to its current market share price.

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividend payments, indicating how quickly the dividend payments have increased over a specific period of time.