Answer:
Proceeds will be paid to P's estate
Explanation:
Common-disaster provision can be seen as a provision that occured in a situation where the insured person and the primary beneficiary of the person, die in the same car accident, the secondary beneficiary will therefore be entitled to the benefits.
Hence,Under the Common Disaster provision, the Proceeds will be paid to P's estate because K is the insured and P is the sole beneficiary on a life insurance policy in which both of the two parties are involved in a fatal accident and K dies before P.
A) market
The determination of good's prices via free market policies are in a market economy and many businesses are privately owned in this type of economy.
And something legally sufficient is <span>A promise to do something that one has no prior legal duty to do.
</span><span>For an agreement to be considered as legally sufficient, consideration must be something of value according to the law. After it fulfills all those the condition than the legal department could make an interference if either party do not keep their initial agreement.</span>
Answer:
The answer is: Yes, Bill's consumption decision is optimal.
Explanation:
Bill's marginal utility from consuming Pepsi is 2 units and Pepsi costs $1. So for every dollar Bill spends in Pepsi, he gets 2 units of utility.
Bill's marginal utility from consuming hamburgers is 6 units and each hamburger costs $2. So for every dollar Bill spends in hamburger, he gets 3 units of utility.
Bill's total budget is $12, and he gets 36 units of utility by consuming hamburgers. If he consumed Pepsi, he would get only 24 units of utility with the same budget.
Please find attached full question
Answer and Explanation:
Please find attached
