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cestrela7 [59]
1 year ago
14

If a contract provides a set amount of income for two or more persons with the income stopping upon the first death of the insur

ed, it is called a:_________
Business
1 answer:
Alexeev081 [22]1 year ago
3 0

If a contract provides a set amount of income for two or more persons with the income stops upon the first death of the insured, it is called a <u>Joint life annuity.</u>

<u />

A contract is an agreement between private events creating mutual obligations enforceable by law. The basic factors required for the settlement to be a legally enforceable settlement are mutual assent, expressed by way of a legitimate offer and popularity; good enough consideration; capability; and legality.

The three maximum common settlement sorts consist of fixed-price contracts. cost-plus contracts. Time and substances contract. An instance of the contract is a loan settlement between shoppers and dealers of a vehicle. An example of a contract is a settlement between two human beings to be married.

Learn more about the contract here: brainly.com/question/5746834

#SPJ4

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Helping a new employee learn the ropes of the organization and fit easily into the new job is known as ______.
Viefleur [7K]

Helping a new employee learn the ropes of the organization and fit easily into the new job is known aa <u>orientation </u>in human resource development .

<h3>Human resource development </h3>

Human resource development (HRD) is defined as the cultivation of an organization's employees. It entails providing workers with skills and relevant knowledge that may help them to grow in the workplace. That makes human resource development an integral part of human resource management.

Learn more about human resource development :

brainly.com/question/20749711

#SPJ4

3 0
1 year ago
Jim, a Connecticut resident, ran a red light while he was vacationing in California and collided with Amanda’s car. Amanda suffe
kolezko [41]

Answer: The court must return the excess proceeds to Jim.

Explanation: The excess money left after a property is sold and the debt owe is paid off is termed surplus and it is usually given to the owner of the property sold.

5 0
2 years ago
Terry estimates that the costs of insurance, license, and depreciation to operate his car total $460 per month and that the gas,
puteri [66]

Answer:

Total cost= $984.62

Explanation:

Giving the following information:

Fixed cost= $460

Unitary variable cost= $0.34 per mile

Miles driven= 1,534

<u>First, we need to establish the total cost formula:</u>

<u></u>

Total cost= fixed cost + unitary variable cost*number of units

Total cost= 460 + 0.34*x

x= number of miles

<u>Now, the total cost for the month:</u>

Total cost= 460 + 0.34*1,543

Total cost= $984.62

7 0
2 years ago
Sarasota Company sells on credits goods that cost $310,000 to Ricard Company for $409,500 on January 2, 2020. The sales price in
swat32

Answer and Explanation:

The journal entries are shown below:

Account Receivable $409,500

           To Sales Revenue $367,000

           To Unearned Service Revenue $42,500

(Being account receivable is recorded)

Cost of Goods Sold $310,000

           To Merchandised Inventory $310,000

(Being cost of goods sold is recorded)  

These two journal entries are to be recorded

7 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Paladinen [302]

Answer:

Overhead at the end of the year was $3,570 under-applied

Explanation:

For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $521,220 ÷ 21,900 hours

= $23.8

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 21,750 hours × $23.8

= $517,650

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $521,220 - $517,650

= $3,570 under-applied

8 0
2 years ago
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