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cestrela7 [59]
2 years 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]2 years 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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What is the term used to describe the policies and procedures that are designed to reduce the opportunities for fraud?
Art [367]

Answer:

The term used is known as Risk Assessment Procedures

Explanation:

These audit procedures are applications to obtain knowledge about the entity and its environment, including its internal control, our objective is to identify and assess the risks of material misstatement, due to fraud or error, both in the financial statements of the company as in the concrete statements contained in decisions.

8 0
3 years ago
Which of the following statements accurately describe intergenerational mobility patterns among industrial countries
skelet666 [1.2K]

The statement which accurately describes intergenerational mobility patterns among industrial countries is the positions of parents in stratification is transmitted.

Intergenerational social mobility refers to the relationship between the socioeconomic status of parents and the status children achieve as adults. In other words, mobility reflects the extent to which individuals move up and down the social ladder relative to their parents.

Intergenerational mobility occurs when social status changes from generation to generation. The change can be upward or downward. For example, his father worked in a factory while his son was being trained to become a lawyer or a doctor.

Learn more about intergenerational mobility here:brainly.com/question/27153410

#SPJ4

5 0
2 years ago
The stock of Static Corporation has a beta of 0.7. If the expected return on the market increases by 6%, the expected return on
loris [4]

Answer:  4.2%

Explanation:

Beta is a measure of sensitivity of a stock in that it measures how the stock reacts to a movement in market return. The Beta of the Market is 1.

If a Stock's Beta is 2, this means that if expected market return increases by 1%, the stock's expected return will increase by 2%. If a Stock's beta is 0.5 then if the expected return on the market increases by 1%, the stock's expected return will increase by 0.5%.

In this case the expected return on the market increases by 6% so the expected return on Static Corporation should increase by;

= 0.7 * 6%

= 4.2%

8 0
3 years ago
Assume someone with no income gets $1000 per month in benefits and there is a benefit-reduction rate of 60%. Someone that earns
-Dominant- [34]

Answer:

$1200

Explanation:

This is somehow a tricky question as the examiner has puzzled us by mentioning that someone with no income gets the benefit of $1000 and someone who earns $1200 per month it doesn't mean that he would get the bonus too His total income would be the same as he earns.

7 0
3 years ago
What do you think would have happened to the three pieces of cabbage if Alicia had left them in the sealed bags for one month?
sattari [20]

Answer: Well so if  she just leaves it in a bag it will ofcourse get rotten but if she left it ine the bag like just 30 min or so nothing would happen because its not in the phase of getting rotten yet. Im not sure if u mean by forever or like 1 day 30 min?

Hope this helps

4 0
3 years ago
Read 2 more answers
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