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>
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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.
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Being paid on commission means that a person is paid a percentage of the sales that he or she makes. When people are paid totally on commission, they are not receiving a salary<span> or an hourly rate, but rather are paid only according to the sales dollars they bring in. This has both advantages and disadvantages.
Not making sales would make dealing with finances difficult</span>
Answer:
b. Prices fell by at least by approximately 5%.
Explanation:
we know that nominal GDP(Gross Domestic Product) is when a basket of goods and services price is calculated per basket without adjusting to inflation but on Real GDP it is adjusted to inflation therefore we will see that if Real GDP decreases this will mean a negative GDP deflator that will be negative which will tell us that the prices in this economy for a basket of goods and services decreased during that year cause deflation was seen with a decrease in Real GDP.
Answer:
C.
Explanation:
Before you propose a position you have to identify the problem and reasoning