One of the main benefits of parametric insurance is the significant reduction in transaction and operating costs; one of the main disadvantages of parametric insurance is basis risk. Please elaborate on both points.

What is the main reason lenders pay borrowers' property taxes through a pre-paid escrow account? It prevents a tax lien from being applied to the home. The tax lien would be senior to the mortgage lien. It prevents the borrower from refinancing with another lender because they would lose all of their escrow funds. It allows the lender to earn interest on the pre- paid tax money as itsits in the account. It allows the lender to take advantage of corporate tax deductions.

A prospectus is provided to disclose information when the corporation is selling new issues of securities to potential investors. True or False True False

To sell a badly needed enterprise resource planning system, a CTO would be best advised to include_ as a selling point. a. Improved supplier relationships b. Intuitive operation c. Low-cost d. Legacy system compatibility