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Anvisha [2.4K]
2 years ago
11

a variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as an

Business
1 answer:
irina1246 [14]2 years ago
7 0

A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a broker-dealer. This is further explained below.

<h3>What is a broker-dealer?</h3>

Generally, a member of the Stock Exchange who performs the duties of both a broker and a jobber.

In conclusion, An individual who wishes to sell variable life insurance must first get a license and then be designated as a life and variable contract agent in addition to being a broker-dealer.

Read more about broker-dealer

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Ben Rogers works as a cashier for Tillis Sporting Goods. One afternoon, he asked his sister Dawn to come into the store. When sh
Elena-2011 [213]

<u>Answer:</u> Inventory larceny scheme

<u>Explanation:</u>

Inventory of the firm is an asset which the employees mishandle by selling it to the third parties without the knowledge of the owner. Inventory larceny scheme means the employees takes the stock from the business and does not record the theft in the accounts of the business.

Ben Rogers and Dawn have involved themselves in Inventory larceny scheme where they take goods such as watches, fishing reels and sporting goods out of the inventory by selling it to third parties and make income for personal benefit.

3 0
4 years ago
(Advanced analysis) The following equations give information for a private open economy.
loris [4]

Answer: Trade Deficit ($10 Billion).

Explanation:

C=40+0.8Y

Ig=$40 billion

X=$20 billion

M=$30 billion

where,

Y - GDP

C - Consumption

Ig - Gross investment

X - Exports

M - Imports

Balance of trade or Trade balance = Exports - Imports

Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.

Trade deficit = Imports - Exports

= $30 - $20

= $10 billion

6 0
4 years ago
There will be a lower equilibrium price and higher quantity if _____.
NNADVOKAT [17]

Supply increases and demand stays the same.

8 0
3 years ago
In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem,
Leni [432]

Answer:

Y = C + I + G + NX

S = Y - C

S = I + G + NX

Explanation:

National Income Y = C + I + G + NX ; {where consumption, investment, government purchases, net exports ie exports - imports are corresponding expenditure of households, firms, government, rest of the world}

National Saving (S) is income (Y) left after paying for consumption (C) . So, S = Y - C

Using above equations, Y = C + S , Y = C + I + G + NX

C + S = C + I + G + NX

So, S = I + G + NX

4 0
3 years ago
Action learning uses challenging, structured outdoor activities, which include difficult sports.A. TrueB. false
mixas84 [53]

Answer: The answer is True.

Explanation: Action learning uses challenging, structured outdoor activities, which may include difficult sports such as dog-sledding or mountain climbing. ... Employees are most likely to learn when the training is linked to their current job experiences and tasks.

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3 years ago
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