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brilliants [131]
1 year ago
6

jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the p

olicy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns:
Business
1 answer:
galina1969 [7]1 year ago
5 0

Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.

A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.

A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.

Learn more about policy here

brainly.com/question/1578160

#SPJ4

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Concerning the classification of customers in the business market, General Motors is a(n) _________ when purchasing a mainframe
zimovet [89]

Answer:

a. <u>user</u>; <u>original equipment manufacturer(OEM)</u>

Explanation:

Business markets refer to purchase and sale of products by businesses with one another. For example, output for one business might be used as an input for another.

A business would be termed as a user when it purchases goods from another business, wherein such goods are not directly used in the manufacturing or creation of it's products.

Original Equipment manufacturer refers to a business which buys certain products and subsequently incorporates them in an altogether newer product  within it's brand name.

6 0
3 years ago
Suppose Farmer Lane grows and sells cotton in a perfectly competitive industry. The market price of cotton is ​$1.64 per​ kilogr
Talja [164]
This is a cool question
3 0
3 years ago
Which of the following trade barriers is an example of a tariff?A. The U.S. federal government bans all foreign-produced beef fr
kap26 [50]

Answer:

B. The U.S. federal government places a tax on all tires imported to the United States

Explanation:

A tariff's definition is "a tax or duty to be paid on a particular class of imports or exports" which fits question B perfectly.

8 0
3 years ago
Absolute Company has a manufacturing facility in Brooklyn that manufactures robotic equipment for the auto industry. For Year​ 1
madam [21]

Answer:

Direct material price variance= $400 favorable

Explanation:

Giving the following information:

Actual quantity purchased 200 units

Actual price paid $8 per unit

Standard price $10 per unit

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (10 - 8)*200

Direct material price variance= $400 favorable

7 0
3 years ago
Anthropology Corp. issued 6-year, 8% bonds with a face value of $850,000 on October 1, 2021. The bonds are dated October 1, 2021
babymother [125]

Answer:

8983

Explanation:

Total Premium (934609-850000) 84609

Divide: Periods total   12

Premium amortized each period  7050.75

Interest expense for Nov21 (Two months)  

Cash Interest payable (850000*8%*2/12) 11333.33

Less: Premium amortized (7050.75*2/6) 2350.25

Interest expense for year ending 30.11.21 8983.08

Total Premium (934609-850000) 84609

Divide: Periods total   12

Premium amortized each period  7050.75

Interest expense for Nov21 (Two months)  

Cash Interest payable (850000*8%*2/12) 11333.33

Less: Premium amortized (7050.75*2/6) 2350.25

Interest expense for year ending 30.11.21 8983.08

Answer is $8983

3 0
3 years ago
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