Answer:
Option (C)
Explanation:
Guaranteed insurability rider is a person who is responsible to sell extra life insurances to the owners who already have life insurance. They visit the clients and attract them to buy a new one. Similarity, the rider usually charge premiums, but if an owner of life insurance is ill or seriously injured only then no additional premium is charged.
Answer:
the cash inflow from the sale of securities is $7,000
Explanation:
The computation of the cash inflow from the sale of securities is shown below:
= Opening balance + purchase marketable securities + gain on the sale of marketable securities - ending balance
= $86,000 + $10,000 + $1,000 - $90,000
= $97,000 - $90,000
= $7,000
hence, the cash inflow from the sale of securities is $7,000
Answer:
They decided to set up a partnership.
Explanation:
Two persons agreeing to share the <em>risks</em> and <em>profits</em> of their business
Answer:
D) purchasing euro call options.
Explanation:
If Lazer purchased euro call options it would be basically buying the right to purchase euros at a specified currency exchange rate. This way Lazer would know what is the maximum amount it will have to pay for the euros it needs to cover its debts. The call option give the buyer the right to purchase the euros but not the obligation, so if the euro depreciates, then Lazer can simply decide to not use the call option.
