Answer:
Try True, True, False, and guess on the last one I'm sorry if you get this wrong
Explanation:
Pay the Premium in full and on time.
Explanation:
A No-lapse guarantee offers an insurance company commitment that a fixed life insurance policy is in place – even though, as long as the agreed retention premium is calculated at the required time, the cash value in the policies drops to zero or less than zero.
The No-Lapse insurance fee is the amount to be paid in order for the policy to remain in force unless the policy is carried out effectively for a certain number of years. The coverage will continue during the lapse period, even when the cash value drops to zero. The insurer provides the guarantee.
When the fee is not collected on the due date, it shall be deemed to have been default and the policyholder may forfeit his advantages. During that time, the fee can be charged without additional charges and the scheme remains in effect.
Answer:
Secondary Market
Explanation:
Secondary market are referred to as stock market. All major stock exchanges are secondary market like New York Stock Exchange. In secondary market you can buy previously issued securities. Like in this question, these 300 shares will be sold to another investor in NYSE which is secondary market.
The true statement out of all is
B) Georgeland has both an absolute and a comparative advantage in producing clothing.
Explanation:
This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.
Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.
Answer:
The answer is: Inventory cost is $4,900
Explanation:
ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.
It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.
