Answer:
The statement given is TRUE:
Explanation: Most of CBMS left in 2008, there was vacuum that was left. Banks just decided to clean up their balance sheets, and did not participate. The life insurance companies took advantage of this period and increased their origination and thus increased the lending to this sector where there was a huge vacuum.
Answer:
life insurance net payment cost index
Explanation:
The accidental death benefit is referred to as a payment due to the sole beneficiary of an accidental death insurance policy. The accidental death benefit mostly is an amount paid which adds to the standard benefit payable if
and only if the insured died of natural causes e.g old age, earthquake or tsunami etc.
Depending on the issuer of the policy, the accidental death benefit may extend up to a year after the initial accident occurred, so long as the accident led to the insured's death.
Answer:
d. Vaughn May pay the bonus to Brad's broker, who may then pay Brad.
Explanation:
Generally bonuses are included in the sales contract. If an owner believes that the agent made a great job and deserves an additional bonus, the bonus should be paid to the agent's broker. When the seller is paying the additional money to the broker, they should specify that it belongs to the agent. If the bonus is actually paid to Brad and in what percentage depends on the agreement that he has with his broker.
Answer: C. interest expense will not be a constant dollar amount over the life of the bond.
Explanation:
When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.
As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.
