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nevsk [136]
2 years ago
12

which of these circumstances require an insurer to clearly specify questions designed to obtain informarion solely

Business
1 answer:
Brilliant_brown [7]2 years ago
3 0

Any insurance transaction requires the insurer to expressly state the queries intended only to collect information.

In an insurance transaction, the policyholder agrees to pay the insurer (a premium) in exchange for the insurer's pledge to compensate the insured in the case of a covered loss by accepting a predictable, modest, and assured loss.

the goal of insurance

Its objective is to lessen financial uncertainty and manageable accidental loss. In exchange for assuming the risk of a substantial loss and a guarantee to pay in the event of one, it achieves this by paying a small, known fee—an insurance premium—to a reputable insurer.

To know more about insurance transaction

brainly.com/question/25580226

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Skolits Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bon
Crazy boy [7]

Answer:

6.94%

Explanation:

The yield to maturity can be computed using excel rate function found below:

=rate(nper,pmt,-pv,fv)

nper is the coupons that bond has left to pay i.e 26 semiannual coupons in 13 years

pmt is the semiannual coupon amount i.e $1000*7.3%*6/12=36.5

pv is the current market price i.e 103%*$1000=$1030

fv is the face value of $1000

=rate(26,36.5,-1030,1000)=3.47%

semiannual yield =3.47%

annual yield =3.47% *2=6.94%

7 0
3 years ago
When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securitie
ANEK [815]

Complete Question:

When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:

Group of answer choices

A. showing past performance

B. using a paid testimonial

C. using illustrative performance charts

D. using the term "investment counsel"

Answer:

B. using a paid testimonial.

Explanation:

When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from using a paid testimonial by the Securities and Exchange Commission Act.

A paid testimonial can be defined as a written or verbal statement made by an individual for the affirmation of good quality, performance and value of a product such as a stock.

Generally, a paid testimonial endorses an investment adviser but may not be a true reflection of his or her performance in stocks trading and that would negatively impact the customers.

8 0
3 years ago
Which type of tort happens when you unfairly damage another company's reputation?
nirvana33 [79]
Is c
Because is like your challenging them so it cant be any others
5 0
4 years ago
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co
mojhsa [17]

Answer: The break even point in dollars is $2,000,000.

We calculate the break even point (BEP) in dollars as follows:

\mathbf{BEP = \frac{Fixed Costs}{Contribution Margin Ratio}}

We calculate Contribution Margin ratio as :

\mathbf{Contribution Margin Ratio = \frac{Sales - Variable Costs}{Sales}}

\mathbf{Contribution Margin Ratio = \frac{450 - 270}{450}} = 0.4

Substituting the Contribution Margin Ratio in the break even point formula we get,

\mathbf{BEP = \frac{800000}{0.4}}

BEP = $2,000,000


7 0
4 years ago
Gene works in the uniform and apparel division of cintas. He has responsibility for managing the marketing activities for unifor
Elanso [62]

Gene’s title is <u>b. </u><u>market</u><u> manager</u> .

A Marketing manager is chargeable for constructing and retaining a sturdy and regular emblem via a huge variety of online and offline advertising channels. The song examines the overall performance of advertising campaigns, controls the advertising, and makes certain that all advertising is consistent with brand identification.

Marketing Managers are chargeable for developing, implementing, and executing strategic advertising plans for a whole corporation (or lines of business and brands inside an employer) with the purpose to attract potential customers and keep existing ones.

Advertising managers normally want at least a bachelor's diploma. a few employers do not require precise training, however many pick an advertising or commercial enterprise diploma. era training and expertise in design and media manufacturing can also help candidates stand out. Managers normally need advertising and marketing revel in.

Learn more about the market manager here: brainly.com/question/24553900

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4 0
2 years ago
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