1. read the following scenario and answer the question in 5-10 sentences.

you are the ceo of a fine furnishings, inc., a small business that manufactures and sells custom-made, high-quality traditional wood furniture for homes and offices. highly skilled craftsmen hand-build the furniture using a special historically-accurate process familiar to only a very few furniture experts. you know that purchasing insurance would enable you to transfer various risks to the insurance company in exchange for the premium paid. there are various types of insurance, with some insurance classifications being more useful to a small business than others. select at least three relevant types of insurance for fine furnishing, inc. and explain the implications of having these insurance policies for your business.

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.