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Sholpan [36]
2 years ago
9

A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.

Business
1 answer:
Mazyrski [523]2 years ago
8 0

Incontestability clause - This tells us the insurance company may not contest the validity of the policy during the insured's lifetime for any reason, including fraud, if the policy has been in effect for a predetermined duration

What is incontestability clause?

An incontestability clause in a life insurance policy safeguards the policyholder and forbids the insurer from changing any aspect of the insurance coverage as a result of a misinterpretation or false statements made by the insured (the policyholder) after a certain amount of time. A life insurance policy's provider cannot revoke any statement after a specified period of time thanks to an incontestability provision. This provision is frequently regarded as offering policyholders the most robust defense.

Learn more about insurance here:

brainly.com/question/16267577

#SPJ4

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Jackie has determined some possible careers that would suit her include being a photographer, a graphic artist, a web designer,
tangare [24]

The correct statement is that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career. So, the correct option is A.

The analysis of resources can be done by following the process of carefully taking into consideration, the resources that are accessible by Jackie during the entire course of pursuing the career.

<h3>What is a decision-making process?</h3>

A decision-making process is used for deriving at conclusion after taking into consideration the plans, options and the resources that are favorable for accomplishments of such task.

The next step that is to be taken in the decision-making process is to analyze the resources that can be accessed by such person so that a conclusion is derived.

In the case of Jackie, he must take into account the resources that he has for deciding his careers like admission fee, infrastructure, knowledge of the field, etc. and decide the most favorable field.

Hence, the correct option is A that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career.

Learn more about decision-making here:

brainly.com/question/3369578

8 0
2 years ago
Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc
Pie

Answer:

The journal entry is as follows:

Retained earnings A/c Dr. $18 million

        To common stock                        $0.30 million

        To capital paid in excess A/c      $17.70 million

(To record the stock dividend issued at 1%)

Working notes:

Shares issued = 1% of 30 million

                        = 0.30 million

Retained earnings:

= 0.30 million × $60 per share

= $18 million

Common stock:

= 0.30 million × $1 par value

= $0.30 million

Capital paid in excess:

= Retained earnings - Common stock

= $18 million - $0.30 million

= $17.7 million

8 0
3 years ago
Suppose a​ student-athlete has the opportunity to earn ​$600,000 next year playing for a minor league baseball​ team, ​$100,000
mafiozo [28]

Answer:

it's 0

Explanation:

hes returning to college and making zero money

5 0
3 years ago
What were the economic changes that revolutionized manufacturing in the eighteenth century and led to the factory system?
Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.

Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.

7 0
3 years ago
What a primary cause of inflation​
lesantik [10]

Excess aggregate demand (AD)

Quick economic growth.

5 0
3 years ago
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