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An insured had a cyber breach and was the victim of a class-action lawsuit. The company had a cyber risk policy that precluded coverage for "failure to follow minimum required practices." Those practices were not specified. During the trial the insurer learned that the company had not regularly checked and maintained security patches on its system. The insurer declared the policy to be void. Will a court uphold the agreement and force the insurer to reimburse the loss?
What could Massey Energy have done to avoid this tragedy? The company had a long history of being cited for safety violations. Why might a company persist with flouting violations? To what extent did Massey Energy’s organizational culture contribute ..
1. State reasons for an organization to use other strategies of software acquisition rather than developing their own.
Which of the following action(s) the Central banks can use to control movements in exchange rates
Determine the units-of-production depreciation schedule for the equipment.
Discuss the characteristics of each of the following investments and rank them in terms of risk and return: standard deviation and return rate:
The inflation-free rate (real rate) is 2.3% per year and the inflation rate is 2.03% per year. The effective interest rate (market rate) is therefore
Suppose the weekly demand for garden benches is Qd = D(P ) = 450 − 2P. What price must they charge if they want to sell 100 benches per week? What price must they charge if they want to sell 150 benches per week? What is Noah and Naomi’s inverse dema..
“Attempts to stimulate an economy with expansionary monetary policy will lead only to a loss of some of the country’s international reserves and to no permanent change in income under a fixed-rate system.” Agree? Disagree? Explain.
Discuss the forces that have promoted job decentralization in U.S. metropolitan areas. Explain the negative externalities associated with job decentralization. Assuming, as suggested in class, that the private gains and negative externalities/public ..
A firm has the production function x = f (L) , where x is output and L is labor input. The firm buys the input in a competitive market. Assuming the firm sells its output in a competitive market, show that setting output where price equals marginal c..
If it permanently changes its leverage from no debt by taking on new debt in the amount of 13% of its current market value, what is the present value of the tax
The demand equation for a company's product it Q = 500 - 3P + 2Pi + 0.1I where Q is the quantity demanded of its product, Pi is the price of its rival's product, and I is the per capita disposable income (in dollars). At present, p = $10, Pi = $20, a..
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