Question 14

Homeowners insurance policies that offer replacement cost for lost or damaged property is usually less costly than policies that use the actual cash (current market) value method.

True

False

1 points

Question 15

There is no relationship between the risk associated with an investment and the return that you expect to get from the investment.

True

False

1 points

Question 16

A cyclical stock is a stock that follows the business cycle of advances and declines in the economy.

True

False