Which of the following are not covered in a typical Homeowner\'s Insurance polic

Question

Which of the following are not covered in a typical Homeowner's Insurance policy? The cost of staying in a hotel while your home is rebuilt after a fire Damage to your home from a flood Money you owe from a lawsuit when someone falls while on your property The cost to rebuild a garage which was not attached to your home when it burned down You deposit $200,000 in Bank A, $300,000 in Bank B, and $400,000 in Bank C. All three banks are members of the FDIC, but all three go bankrupt. How much money will you receive from the FDIC? $250,000 $700,000 $900,000 None of the above are correct Which of the following best measures the size of a corporation? Stock Price Market Capitalization Earnings per share Annual Revenues If stock X and stock Y are trading at the same price, but stock X has twice as many shares outstanding as stock Y, which of the following statements is correct? Stock X will receive a higher weighting than stock Y in the Dow Jones Industrial Average They will each receive the same weighting in the S&P; 500 Index Both A and B are correct Neither A nor B are correct

Explanation / Answer

Ans2.-B.Typically, claims due to floods are excluded from coverage in a Homeowner's policy.

Ans3.-D.The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category.Money to be received from FDIC= $2,50,000*3=$7,50,000.

Ans4.-B. Market capitalization best measures the size of corporation.

Ans5.-A. Stock X will receive a higher weighting than stock Y in the Dow Jones Industrial Average.

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