Answer:
A a building is one example
Explanation:
Assets are items that have value and is used by a business to generate profit.
There are two types of assets: the current assets and fixed assets.
Current assets are those that can be used or consumed within a year. They include cash, accounts receivable, marketable securities, and prepaid expenses.
Fixed assets are assets that are used by a business for a long period of time.
They can be tangible such as buildings, equipment, and land.
They can also be intangible for example copyright, patents, and trademarks.
In this instance a building is an example of a fixed asset.
Answer:
(D) I, II, and III
Explanation:
1. Financial information which the customer supplies must be verified by the broker/dealer within 15 days after the account has been approved for options transactions.
2. If the firm becomes aware of material changes concerning existing customers, a copy of background and financial information on file must be sent to the customer within 15 days after the firm becomes aware of the change.
3. This information must be sent to the customer by the firm for verification within 15 days after the account is approved for options transactions unless it is contained in the customer's account agreement.
Answer:
It is an advance of the face amount of the policy
Explanation:
The life insurance policy with an added long-term care rider is a policy that suits people who prefers lifetime care benefits. This policy provides an amount (benefit) of the death benefit to pay for some long-term care expenses covered in the policy at any point in time the policyholder requires care. It is important to note that this benefit is simply an advance of the policy's face amount.
Answer:
The correct answer is c. is equal to 1.
Explanation:
