Key Person insurance is most commonly utilized by very large companies. True False

Why would a company consider going public?What are some advantages and disadvantages?

If there is a small probability of a risk occurring, a business may choose to assume the risk rather than buy insurance for the risk.  true or false

Suppose Mylan could write an insurance contract whereby it is insured against all penalties resulting from misclassification. Would this affect their need to disclose? Group of answer choices No, because if they are fully covered, investors would find the loss contingency misleading since there is no receivable for the insurance Yes, because they would offset the loss contingency with a receivable which would net to zero No, because purchasing insurance does not relieve the purchaser of its obligation to make payments related to losses that result from risk. Yes, because it is impossible to insure loss contingencies